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In January 2013, Finley Corporation, a new corporation, issued 10,000 common shares at $ 15 each. On July 1, 2019, Finley repurchased 1,000 shares that
In January 2013, Finley Corporation, a new corporation, issued 10,000 common shares at $ 15 each. On July 1, 2019, Finley repurchased 1,000 shares that were outstanding at $ 12 each. This transaction to purchase shares in portfolio has the effect of a. decrease the number of shares issued b. decrease the total equity of the shareholders c. increase total shareholders' equity d. increase the number of authorized actions
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