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In previous years, Cox Transport reacquired 3 million treasury shares at $16 per share and, later, 2 million treasury shares at $21 per share. By
In previous years, Cox Transport reacquired 3 million treasury shares at $16 per share and, later, 2 million treasury shares at $21 per share.
By what amount will Cox's paid-in capital - share repurchase increase if Cox now sells 2 million treasury shares at $24 per share and determines the cost of treasury shares by the FIFO method?(Enter answer in millions (i.e., 10,000,000 should be entered as 10).)
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