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How much cash did Abercrombie and Fitch receive

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Reference no: EM132819619

Question - During fiscal 2016, Abercrombie & Fitch reported the exercise of 2,000 shares at a weighted-average exercise price of $22.87.

Required -

a. How much cash did Abercrombie & Fitch receive from this exercise?

b. What was the impact to shareholders' equity as a result of this exercise?

Reference no: EM132819619

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