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LTIPLE CHOICE (3 points each): There is only one correct answer for each question. Cirele your choice of answer 1. The purchase of treasury stock

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LTIPLE CHOICE (3 points each): There is only one correct answer for each question. Cirele your choice of answer 1. The purchase of treasury stock a. decreases common stock authorized. b. decreases common stock issued. e decreases common stock outstanding. d. has no effect on common stock outstanding

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