Business, 12.11.2019 00:31, jason9394

Horton industries’ shareholders’ equity included 300 million shares of $1 par common stock and a balance in paid-in capital—excess of par of $3,000 million.

assuming that horton retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will horton’s total paid-in capital decline if it reacquires 6 million shares at $9.50 per share? (enter your answer in millions (i. e., 10,000,000 should be entered as

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Horton industries’ shareholders’ equity included 300 million shares of $1 par common stock and a bal...