Question: Question 7 Repurchasing shares has no effect on the number of shares outstanding or on earnings per share. increases the number of shares outstanding and

Question 7

  1. Repurchasing shares

    has no effect on the number of shares outstanding or on earnings per share.

    increases the number of shares outstanding and increases earnings per share.

    reduces the number of shares outstanding and increases earnings per share.

    reduces the number of shares outstanding and reduces earnings per share.

    increases the number of shares outstanding and decreases earnings per share.

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