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dukesroyalty dukesroyalty
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5 years ago
What would be the effect on book value per share and earnings per share if the corporation
purchased its own shares in the open market at a price greater than book value per share?
A) Increase both book value per share and earnings per share
B) Decrease both book value per share and earnings per share
C) Decrease book value per share and increase earnings per share
D) No effect on book value per share but increase earnings per share
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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demerskademerska
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dukesroyalty Author
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#2
5 years ago
This is very helpful, my teacher this year is not good
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