Business, 19.01.2021 01:50, micvar9646
In January 2020, Sunland Company, a newly formed company, issued 11600 shares of its $10 par common stock for $15 per share. On July 1, 2020, Sunland Company reacquired 1160 shares of its outstanding stock for $12 per share. The acquisition of these treasury shares decreased the number of issued shares. decreased total stockholders' equity. did not change total stockholders' equity. increased total stockholders' equity.
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In January 2020, Sunland Company, a newly formed company, issued 11600 shares of its $10 par common...
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