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In January 2020, Marigold Corp., a newly formed company, issued 11100 shares of its $12 par common stock for $17 per share. On July 1,
In January 2020, Marigold Corp., a newly formed company, issued 11100 shares of its $12 par common stock for $17 per share. On July 1, 2020, Marigold Corp. reacquired 1110 shares of its outstanding stock for $14 per share. The acquisition of these treasury shares did not change total stockholders' equity. O increased total stockholders' equity. O decreased the number of issued shares. O decreased total stockholders' equity
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