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Business, 12.02.2022 05:50 Gabby1493

In January 2022, Logan Corporation, a newly formed company, issued 10,000 shares of its $10 par common stock for $15 per share. On July 1, 2022, Logan Corporation reacquired 1,000 shares of its outstanding stock for $12 per share. The acquisition of these treasury shares: Group of answer choices increased total stockholders' equity. decreased the number of issued shares. decreased total stockholders' equity. did not change total stockholders' equity.

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In January 2022, Logan Corporation, a newly formed company, issued 10,000 shares of its $10 par comm...

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