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Amber Corporation purchases 40,000 shares of its own $20 par value common stock for $80...

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Accounting

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Amber Corporation purchases 40,000 shares of its own $20 par value common stock for $80 per share. What will be the effect on stockholders' equity? O A. decrease $3,200,000 OB. decrease $800,000 OC. increase $800,000 OD. increase $3,200,000

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