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A corporation purchases 6,858 shares of its own $2 par common stock for $28 per share, recording it at cost. What will be the effect
A corporation purchases 6,858 shares of its own $2 par common stock for $28 per share, recording it at cost. What will be the effect on total stockholders' equity? Oa. increase by $178,308 Ob. decrease by $178,308 Oc. increase by $192,024 Od. decrease by $192,024
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