a) What is the amount paid to repurchase common shares during fiscal year 2017? (b) Suppose instead
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Question:
a) What is the amount paid to repurchase common shares during fiscal year 2017? (b) Suppose instead of repurchasing shares into treasury, John Deere repurchased shares for retirement. For each of the financial statement items listed below, circle whether the balance would increase, decrease or remained unchanged under the alternate assumption. Explain your reasoning.
Common Stock Increase Decrease No change Explanation: Total Shareholders’ Equity Increase Decrease No change Explanation:
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