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Determine the impact of each of these transactions

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Question - Carbide Corporation purchased 20,000 shares of its own stock from investors for $45 per share. The next year, the company resold 5,000 ofthe repurchased shares for $50 per share, and the following year it resold 10,000 of the repurchased shares for $37 per share. Determine the impact (increase, decrease, or no change) of each of these transactions?

Reference no: EM133177979

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