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Book value of common stockholders' equity of FedEx, May 3 1 , 2 0 2 0 ( figures in $ millions ) Book value of

Book value of common stockholders' equity of FedEx, May 31,2020(figures in $ millions) Book value of common stockholders' equity of FedEx, May 31,2020(figures in $ millions)
Required:
a. Suppose that FedEx now issues 3 million shares at $140 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 3 million shares at $140 per
share?
Complete this question by entering your answers in the tabs below.
What would happen to the book value of common stockholders' equity if instead FedEx bought back 3 million shares at $140
per share?
Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place.
Required:
a. Suppose that FedEx now issues 3 million shares at $140 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 3 million shares at $140 per
share?
Complete this question by entering your answers in the tabs below.
Required A
Suppose that FedEx now issues 3 million shares at $140 a share. Update the table below with the new values.
Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place.
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