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Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity Note: Authorized shares (millions) Issued shares, of which: Outstanding shares Treasury shares Required: $ 32 3,356 25,216 (9,162) (1,147) $ 18,295 262 56 a. Suppose that FedEx now issues 2 million shares at $250 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Complete this question by entering your answers in the tabs below. Required A Required B What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place. Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity $ 0

Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity Note: Authorized shares (millions) Issued shares, of which: Outstanding shares Treasury shares Required: $ 32 3,356 25,216 (9,162) (1,147) $ 18,295 262 56 a. Suppose that FedEx now issues 2 million shares at $250 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Complete this question by entering your answers in the tabs below. Required A Required B What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place. Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity $ 0

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity Note: Authorized shares (millions) Issued shares, of which: Outstanding shares Treasury shares Required: $ 32 3,356 25,216 (9,162) (1,147) $ 18,295 262 56 a. Suppose that FedEx now issues 2 million shares at $250 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Complete this question by entering your answers in the tabs below. Required A Required B What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place. Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity $ 0
Transcribed Image Text:Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity Note: Authorized shares (millions) Issued shares, of which: Outstanding shares Treasury shares Required: $ 32 3,356 25,216 (9,162) (1,147) $ 18,295 262 56 a. Suppose that FedEx now issues 2 million shares at $250 a share. Update the table below with the new values. b. What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Complete this question by entering your answers in the tabs below. Required A Required B What would happen to the book value of common stockholders' equity if instead FedEx bought back 2 million shares at $150 per share? Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 1 decimal place. Common shares ($0.10 par value per share) Additional paid-in capital Retained earnings Treasury shares at cost Other Net common equity $ 0
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