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Assignment Print View Award: 060 points In previous years, Cox Transport reacquired 3 million treasury shares at $25 per share and, later, 1 million treasury
Assignment Print View Award: 060 points In previous years, Cox Transport reacquired 3 million treasury shares at $25 per share and, later, 1 million treasury shares at $29 per share What amount will Cox's paid-in capital-share repurchase increase if it now sells 2 million treasury shares at $32 per share and determines the cost of treasury shares by the FIFO method? (Enter answer in millions (i.e., 10,000,000 should be entered as 10).) million Paid-in capital-share repurchase will increase by References Worksheet Difficulty: 1 Easy Leaming Objective: 18-05 Distinguish between accounting for retired shares and for treasury shares
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