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Book value of common stockholders equity of FedEx, May 31, 2020 (figures in $ millions)...

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Finance

Book value of common stockholders equity of FedEx, May 31, 2020 (figures in $ millions) Common shares ($0.10 par value per share) $ 31 Additional paid-in capital 3,088 Retained earnings 23,713 Treasury shares at cost (7,621) Other (360) Net common equity $ 18,851 Note: Authorized shares (millions) Issued shares, of which: Outstanding shares 268 Treasury shares 42 Required: Suppose that FedEx now issues 5 million shares at $160 a share. Update the table below with the new values. What would happen to

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