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Determine the impact of increase transactions

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Point 1: Carbide Corporation purchased 38,000 shares of its own stock from investors for $47 per share. The next year, the company resold 5,000 of the repurchased shares for $59 per share, and the following year it resold 8,000 of the repurchased shares for $35 per share.

Question 1: Determine the impact (increase, decrease, or no change) of each of these transactions: (Enter a positive value for increase and a negative value for decrease. If no change, leave cell blank.)

Reference no: EM132474300

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