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Stewie Co. has 60,000 shares of $1 par common stock outstanding. On .pdf

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Stewie Co. has 60,000 shares of $1 par common stock outstanding. On June 1, Stewie Co. repurchases 15,000 of its shares for $10 per share. After the transaction on June 1 is recorded, total stockholders' equity will: Group of answer choices a. increase by $450,000 b. increases by $60,000 c. decrease by $15,000 d. decrease by $150,000.

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Stewie Co. has 60,000 shares of $1 par common stock outstanding. On June 1, Stewie Co. repurchases 15,000 of its shares for $10 per share. After the transaction on June 1 is recorded, total stockholders' equity will: Group of answer choices a. increase by $450,000 b. increases by $60,000 c. decrease by $15,000 d. decrease by $150,000

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