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Book value of common stockholders' equity of FedEx, February 28, 2018 (figures in $ millions) Common shares ($0.10 par value per share) Additional paid-in capital

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Book value of common stockholders' equity of FedEx, February 28, 2018 (figures in $ millions) Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity Note: Authorized shares (millions) Issued shares, of which: Outstanding shares Treasury shares $ 39 3,095 23,720 (7,726) (367) $ 18,761 850 390 341 49 Required: a. Suppose that FedEx now issues 2 million shares at $160 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $160 per share? Complete this question by entering your answers in the tabs below. Required A Required B Suppose that FedEx now issues 2 million shares at $160 a share. Update the table below with the new values. (Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place.) Common shares (50.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity Required A Required B >

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