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On April 2, Suttons Bay Inc. reacquired 22,500 shares of its' common stock for $31 per share On May 20, the company sold 12,800 of
| On April 2, Suttons Bay Inc. reacquired 22,500 shares of its' common stock for $31 | ||||||||
| per share | ||||||||
| On May 20, the company sold 12,800 of the reacquired shares at $40 per share | ||||||||
| On July 22, the remaining shares were sold for for $28 per share | ||||||||
| What is the balance in the Paid in Capital accountat 7/31 as a result of these | ||||||||
| transactions? |
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Internet Fraud Casebook
Authors: Joseph T. Wells
1st Edition
0470643633, 9780470643631
