Book value of common stockholders equity of FedEx, May figures in $ millions
Common shares $ par value per share $
Additional paidin capital
Retained earnings
Treasury shares at cost
Other
Net common equity $
Note:
Authorized shares millions
Issued shares, of which:
Outstanding shares
Treasury shares
Required:
Suppose that FedEx now issues million shares at $ a share. Update the table below with the new values.
What would happen to the book value of common stockholders equity if i REQUIRED A Instead FedEx bought back million shares at $ per share?
Common shares $ par value per share
Additional paidin capital
Retained earnings
Treasury shares at cost
Other
Net common equity
REQUIRED B What would happen to the book value of common stockholders equity if instead FedEx bought back million shares at $ per share?
Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to decimal place.
Common shares $ par value per share
Additional paidin capital
Retained earnings
Treasury shares at cost
Other
Net common equity $