During 2020, Apple Corporation had the following share transactions: - Acquired 2,450 ordinary shares to be held as trea
Posted: Tue Jul 05, 2022 11:46 am
During 2020, Apple Corporation had the following sharetransactions:
- Acquired 2,450 ordinary shares to be held as treasury sharesfor ₱110,250
- Acquired additional 950 ordinary shares at ₱42.50 per share tobe held as treasury shares
- Sold 2,590 treasury shares at ₱40 per share
By how much would total accumulated profits changebecause of the above transactions? Encode the answer as a negativeif it's a decrease.
- Acquired 2,450 ordinary shares to be held as treasury sharesfor ₱110,250
- Acquired additional 950 ordinary shares at ₱42.50 per share tobe held as treasury shares
- Sold 2,590 treasury shares at ₱40 per share
By how much would total accumulated profits changebecause of the above transactions? Encode the answer as a negativeif it's a decrease.