Question
Question 1: Saxophonic Solutions, Inc. originally issued 275 million of its $0.01 par value shares for $2,475,000,000. The corporation had the following transactions involving its
Question 1:
Saxophonic Solutions, Inc. originally issued 275 million of its $0.01 par value shares for
$2,475,000,000. The corporation had the following transactions involving its own stock in 2017:
On February 2 it repurchased 2,750,000 shares for $6.50 per share.
On March 17 it sold 1,250,000 shares for $8.25 per share.
On October 2, it repurchased 650,000 shares for $13.75 per share.
On November 5, it sold 1,300,000 shares for $10.5 per share.
On December 10 it sold 700,000 shares for $12 per share
(Please Please show me how to do Treasury Stock method using Lifo and Fifo way thank you please break down to me how you are doing it don't just give me the answers thank you again)
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