The Jennings Group reacquired 3 million of its shares at $62 per share as treasury stock....

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The Jennings Group reacquired 3 million of its shares at $62 per share as treasury stock. Last year, for the first time, Jennings sold 1 million treasury shares at $63 per share. If Jennings now sells the remaining 2 million treasury shares at $59 per share, by what amount will retained earnings decline? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Retained earnings will decline by million In previous years, Cox Transport reacquired 2 million treasury shares at $10 per share and, later, 1 million treasury shares at $16 per share. If Cox now sells 2 million treasury shares at $19 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? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Paid-in capital-share repurchase will increase by million The Jennings Group reacquired 3 million of its shares at $62 per share as treasury stock. Last year, for the first time, Jennings sold 1 million treasury shares at $63 per share. If Jennings now sells the remaining 2 million treasury shares at $59 per share, by what amount will retained earnings decline? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Retained earnings will decline by million In previous years, Cox Transport reacquired 2 million treasury shares at $10 per share and, later, 1 million treasury shares at $16 per share. If Cox now sells 2 million treasury shares at $19 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? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Paid-in capital-share repurchase will increase by million

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Sold one million share at rate 63 63million sold two million shares at rate 59 118 mill... View the full answer