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Which statement below regarding a share repurchase is true ? A. The company repurchasing shares is not entitled to vote. B. Repurchasing shares shrinks acompany's
Which statement below regarding a share repurchase is true?
A. The company repurchasing shares is not entitled to vote.
B. Repurchasing shares shrinks acompany's assets and equity.
C. A share repurchase grows acompany's assets and equity.
D. Repurchasing shares increases retained earnings.
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