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Question 8 5 pts Chocolate Bunny, Inc. views share buybacks as treasury stock. Chocolate Bunny repurchased shares and then later sold the shares at more
Question 8 5 pts Chocolate Bunny, Inc. views share buybacks as treasury stock. Chocolate Bunny repurchased shares and then later sold the shares at more than their acquisition price. What is the effect of the sale of the treasury stock on each of the following? a. b. c. d. Retained earnings no effect no effect increase increase Total paid-in capital no effect increase no effect increase Option D O Option A Option B None of the options listed. O Option
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