Business
Business, 02.01.2021 01:00, widnickab

A corporation purchases 20 000 shares of its own $20 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity?A. Increase by $400,000.B. Increase by $700,000.C. Decrease by $400,000.D. Decrease by $700,000.

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