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On Its 2017 Balance Sheet, Walgreens Boot Alliance, Inc

Question 21

Multiple Choice

On its 2017 balance sheet, Walgreens Boot Alliance, Inc., reports treasury stock at cost of $4,934 million. The company has a total of 1,172,513,618 shares issued and 1,082,986,591 shares outstanding.
What average price did Walgreen pay for treasury shares?


A) $55.15
B) $53.29
C) $53.03
D) $55.11
E) None of the above

Correct Answer:

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