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Question 5 (of 5) 5. In previous years, Cox Transport reacquired 3 million treasury shares at $25 per share and, later, 1 million treasury shares

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Question 5 (of 5) 5. In previous years, Cox Transport reacquired 3 million treasury shares at $25 per share and, later, 1 million treasury shares at $29 per share. By what amount will Cox's paid-in capital-share repurchase increase if it now sells 2 million treasury shares at $32 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).) million Paid-in capital-share repurchase will increase by References eBook & Resources Learning for treasury Difficulty: 1 Easy Worksheet

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