Explain how treasury stock affects the stockholders’ equity section of the balance sheet and the impact on the calculation of earnings per share.

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Explain how treasury stock affects the stockholders’ equity section of the balance sheet and the impact on the calculation of earnings per share.

Write a minimum of 300 words in your initial post and respond to at least three classmates by the end of the week. Use and cite the course textbook and at least two other credible resources to support your statements.

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