Omicron Products Company reported the following stockholders equity on its balance sheet: Requirements 1. What caused Omicrons
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Requirements
1. What caused Omicrons preferred stock to decrease during 2013? Cite all possible causes.
2. What caused Omicrons common stock to increase during 2013? Identify all possible causes.
3. How many shares of Omicrons common stock were outstanding at December 31, 2013?
4. Omicrons net income during 2013 was $1,470 million. How much were Omicrons dividends during the year?
5. During 2013, Omicron sold no treasury stock. What average price per share did Omicron pay for the treasury stock that the company purchased during theyear?
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Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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