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By what amount cox paid-in capital-share repurchase increase

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Question - In previous years, Cox Transport reacquired 2 million treasury shares at $24 per share and, later, 1 million treasury shares at $27 per share. By what amount will Cox's paid-in capital - share repurchase increase if Cox now sells 2 million treasury shares at $29 per share and determines the cost of treasury shares by the FIFO method?

Reference no: EM133088220

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