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Can you help? Horton Industries shareholders' equity included 120 million shares of $1 par common stock and a balance in paid-in capital excess of par
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Horton Industries\" shareholders' equity included 120 million shares of $1 par common stock and a balance in paid-in capital excess of par of $1,080 million. Assuming that Horton retires shares 'rt reacquires {restores their status to that of authorized but unissued shares}, by what amount will Horton's total paidin capital decline if it reacquires 1 million shares at $7.00 per share? {Enter your answer in millions {i.e., 10,000,000 should be entered as 10].} millionStep by Step Solution
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