If Expert Inc., repurchased 50 percent of its outstanding common stock from the open (secondary) market, the result would be:

Question

1. a decline in EPS.

2. an increase in cash.

3. a decrease in total assets.

4. an increase in the number of stockholders.

Shahbaz Hayder · Answer

Yes Option3 is the right answer.

Tranquilino Jr Rivera · Answer

Answer is3. Decrease in total assets. The acquisition of the treasury shares will reduce the stock outstanding thereby increasing EPS. This will decrease cash, hence the answer3.

Zehab Osman · Answer

3. a decrease in total assets.-----------

Ahmer Zamir · Answer

The correct option is3) Decrease in Total Assets

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If Expert Inc., repurchased 50 percent of its outstanding common stock from the open (secondary) market, the result would be:

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