Question: How do you know if it increases or decreases?? Assume that Kitchen and things pays $12 per share to purchase 1,600 of its $6 par
Assume that Kitchen and things pays $12 per share to purchase 1,600 of its $6 par common stock as treasury stock. What is the effect of purchasing the treasury stock? O A. Total stockholders' equity increases by $19,200 O B. Total stockholders' equity increases by $9,600 O C. Total stockholders equity decreases by $9,600 O D. Total stockholders' equity decreases by $19,200
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