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On May 5, Nickel Corp. repurchased 3,000 shares of its outstanding common stock at $30 per share. On July 1 it resold 500 shares at
On May 5, Nickel Corp. repurchased 3,000 shares of its outstanding common stock at $30 per share. On July 1 it resold 500 shares at $31 per share, on Aug 1 it resold 1,000 shares for $29 per share, and on Sept 1 it resold an additional 500 shares at $28 per share. The remaining 1,000 shares were retired on Dec. 1. Those 1,000 shares were originally issued for $20 per share and had a $10 par value. 
Q3: On May 5, Nickel Corp.repurchased 3,000 shares of its outstanding common stock at $30 per share. On July 1 it resold 500 shares at $31 per share, on Aug 1 it resold 1,000 shares for $29 per share, and on Sept 1 it resold an additional 500 shares at $28 per share. The remaining 1,000 shares were retired on Dec. 1. Those 1,000 shares were originally issued for $20 per share and had a $10 par value
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
