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In a reverse stock split: the number of shares outstanding increases and owners' equity decreases. the number of shares outstanding decreases but owners' equity is

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In a reverse stock split: the number of shares outstanding increases and owners' equity decreases. the number of shares outstanding decreases but owners' equity is unchanged. shareholders make a cash payment to the firm. the firm buys back existing shares of stock on the open market. the firm sells new shares of stock on the open market

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