The following information was taken from the 2012 annual report of Coca-Cola (dollar and share amounts in
Question:
The following information was taken from the 2012 annual report of Coca-Cola (dollar and share amounts in millions):
a. At what average price did the company repurchase its shares in 2010?
b. At what average price did the company repurchase its shares in 2011?
c. The December 31, 2012, balance in treasury stock was ($35,009). If Coca-Cola reissues treasury shares in the amount of $1,200 to support 2013 employee compensation plans, what will be the December 31, 2013, balance in the treasury stockaccount?
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a During 2010 the company paid an average of 3021 per share in ...View the full answer
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