Refer to the information above. The reacquisition of the 2,000 shares on April 1, 2015, causes:
A. No change in total assets of Jetter Corporation.
B. No change in the number of shares of Jetter Corporation stock outstanding.
C. A reduction in total assets and in total stockholders' equity of Jetter Corporation.
D. Jetter Corporation to show a new asset, "Treasury Stock", for $120,000.
C
Business
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