Business, 06.04.2021 05:00 nyraimccall408

In previous years, Cox Transport reacquired 2 million treasury shares at $24 per share and, later, 1 million treasury shares at $27 per share. If Cox now sells 2 million treasury shares at $29 per share and determines cost as the weighted-average cost of treasury shares, by what amount will Cox’s paid-in capital - share repurchase increase?

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In previous years, Cox Transport reacquired 2 million treasury shares at $24 per share and, later, 1...

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