What effect will the acquisition of treasury shares have on shareholders' equity and basic earnings per share, respectively? $\begin{array}{lll}
\text { $\underline{\text{ Shareholders equity }}$ } & & \text {$\underline{\text{ Basic EPS}}$ } \
\text { A) decrease } & & \text { no effect } \
\text { B) increase } & & \text { no effect } \
\text { C) decrease } & & \text { increase } \
\text { D) increase } & & \text { decrease }
\end{array}$

Question

What effect will the acquisition of treasury shares have on shareholders' equity and basic earnings per share, respectively? $\begin{array}{lll}
\text { $\underline{\text{  Shareholders equity  }}$ } & & \text {$\underline{\text{  Basic EPS}}$    } \
\text { A) decrease } & & \text { no effect } \
\text { B) increase } & & \text { no effect } \
\text { C) decrease } & & \text { increase } \
\text { D) increase } & & \text { decrease }
\end{array}$

Quizplus · Accepted Answer

The Answer of What effect will the acquisition of treasury shares have on shareholders' equity and basic earnings per share, respectively? $\begin{array}{lll}
\text { $\underline{\text{  Shareholders equity  }}$ } & & \text {$\underline{\text{  Basic EPS}}$    } \
\text { A) decrease } & & \text { no effect } \
\text { B) increase } & & \text { no effect } \
\text { C) decrease } & & \text { increase } \
\text { D) increase } & & \text { decrease }
\end{array}$

What Effect Will the Acquisition of Treasury Shares Have on Shareholders