Explain how treasury stock affects the stockholders’ equity section of the balan

Explain how treasury stock affects the stockholders’ equity section of the balance sheet and the impact on the calculation of earnings per share.
Guided Response: 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. Though three replies are the basic expectation for class discussions, for deeper engagement and learning you are encouraged to provide responses to any comments or questions others have given to you. Continuing to engage with peers and the instructor will further the conversation and provide you with opportunities to demonstrate your content expertise, critical thinking, and real-world experiences with this topic.