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Brief Exercise 18-9 (Algo) Treasury stock [LO18-5] In previous years, Cox Transport reacquired 2 million treasury shares at $12 per share and, later, 1
Brief Exercise 18-9 (Algo) Treasury stock [LO18-5] In previous years, Cox Transport reacquired 2 million treasury shares at $12 per share and, later, 1 million treasury shares at $18 per share By what amount will Cox's paid-in capital-share repurchase increase if Cox now sells 1 million treasury shares at $21 per share and determines the cost of treasury shares by the FIFO method? (Enter answer in millions (ie, 10,000,000 should be entered as 10).) Paid-in capital-share repurchase will increase by million
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