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Yakima Construction Company repurchases 1,000 shares of its own previously issued $5 par common stock for $11,000. Assuming the shares are held in the
Yakima Construction Company repurchases 1,000 shares of its own previously issued $5 par common stock for $11,000. Assuming the shares are held in the treasury, what effect does this transaction have on: Net income [Select] Total assets [Select] Total additional paid in capital [Select] Total stockholders' equity [Select] Total shares issued [Select] Total shares outstanding [Select]
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