Zeta Products Company reported the following stockholders equity on its balance sheet: Requirements 1. What caused Zetas
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Requirements
1. What caused Zetas preferred stock to decrease during 2013? Cite all possible causes.
2. What caused Zetas common stock to increase during 2013? Identify all possible causes.
3. How many shares of Zetas common stock were outstanding at December 31, 2013?
4. Zetas net income during 2013 was $1,375 million. How much were Zetas dividends during the year?
5. During 2013, Zeta sold no treasury stock. What average price per share did Zeta 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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