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I need help with this question The Basu Group reacquired 3 million of its shares at $62 per share as treasury stock Last year, for
I need help with this question
The Basu Group reacquired 3 million of its shares at $62 per share as treasury stock Last year, for the first time, Elasu sold 1 million treasury shares at $63 per share. If Basu now sells the remaining 2 million treasury shares at $59 per share, by what amount will retained earnings decline? Note: Enter your answer in millions (1.e., 10,000,000 should be entered os 10) Step by Step Solution
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