Solution-What amount will agees total paid in capital

What amount will agees total paid in capital decline

Reference no: EM131002324

1. Agee Storage issued 35 million shares of its $1 par common stock at $16 per share several years ago. Last year, for the first time, Agee reacquired 1 million shares at $14 per share. Assuming that Agee retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will Agee's total paid-in capital decline if it now reacquires 1 million shares at $19 per share?

Reference no: EM131002324

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What amount will agees total paid in capital decline : What amount will Agee's total paid-in capital decline if it now reacquires 1 million shares at $19 per share?

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What amount will agees total paid in capital decline

Reference no: EM131002324

Reference no: EM131002324

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