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6. Which of the following statements about treasury stock is correct? a. When a company reissues treasury stock for more than it originally paid for

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6. Which of the following statements about treasury stock is correct? a. When a company reissues treasury stock for more than it originally paid for the stock, it reports a gain that increases net income. b. Treasury stock is reported as issued and outstanding stock. c. Treasury stock is reported as an asset on the balance sheet. d. When a company purchases treasury stock, it decreases total stockholders' equity. e. Treasury stock gives rise to interest income

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