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In previous years, Cox Transport reacquired 2 million treasury shares at $10 per share and, later, 1 million treasury shares at $16 per share. By
In previous years, Cox Transport reacquired 2 million treasury shares at $10 per share and, later, 1 million treasury shares at $16 per share. |
By what amount will Coxs paid-in capitalshare repurchase increase if it now sells 2 million treasury shares at $19 per share and determines cost as the weighted-average cost of treasury shares?(Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) |
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