By what amount did treasury stock transactions increase

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Question - Finding Amounts Missing from the Stockholders' Equity Section

The stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income of $241,175,000 and declared and paid dividends of $11,901,000.

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At the end of the current year, have the treasury stock transactions increased assets or decreased assets? By how much?

During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity?

At the end of the current year, what was the average price paid per share for shares held in treasury stock?

Reference no: EM132188442

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