Fill IN THE BLANK

PURCHASING SHARES.....

Decrease the amount of shares outstanding

increase the amount of authorized shares

increase the amount of shares outstanding

BLANK AQUIRE

May be able to

May not be able to

THE PURCHASE

Decrease

has no impact on

Increase

THE COMPANY SUFFICENTLY Unatractive to cause the outsadning investores to abandon there takeover plan

Vulnerable to cause the outside investores to take controle of the company

Statement of Changes in Shareholders' Equity Use Canadian Tire's statement of changes in shareholders' equity to answer the following questions. (Click the icon to view the statement of changes in shareholders' equity.) 1. How much additional share capital did the issuance of shares raise during 2018 ? 2. What effect did the payment of dividends have on shareholders' equity during 2018 ? Requirement 1. How much additional share capital did the issuance of shares raise during 2018 ? (Enter amounts in millions as provided to you in the problem statement, X.X.) The issuance of shares raised $ million in share capital during 2018. Requirement 2. What effect did the payment of dividends have on shareholders' equity during 2018 ? (Enter amounts in millions as provided to you in the problem statement, X.X.) The payment of dividends retained earnings and total shareholders' equity by \$ million during 2018. Knox's board of directors. Board members are convinced that the investors would sell the most desirable pieces of the business and leave little of value. olan. Required the effect that repurchasing shares would have on shares outstanding and on the size of the corporation. To: Karen Knox Exports, Inc., Board of Directors Re: How the repurchase of shares would make it difficult for the investor group to take over Knox. Purchasing shares If Karen Knox Exports repurchases a significant quantity of shares, outsiders, such as the investor group, acquire a controlling interest ( 50+ percent) of the outstanding shares from the remaining shareholders. Because it takes cash to repurchase shares, the purchase the size of the corporation. Reducing the company's cash position may make the company sufficiently