Question
Fill in the amounts for the Norfolk Southern statement of changes in retained earnings. Note: Use negative signs with your answers, when appropriate. Norfolk
Fill in the amounts for the Norfolk Southern statement of changes in retained earnings. Note: Use negative signs with your answers, when appropriate. Norfolk Southern Inc. Consolidated Statements of Changes in Retained Income Beginning Balance at Dec. 31, 2015 $12,229 Net income 0 Dividends on Common Stock (834) Share repurchases (877) Other (10) Ending Balance at Dec. 31, 2016 12,510 Net income 6,485 Dividends on Common Stock 0 Share repurchases (1,134) Other (6) Ending Balance at Dec. 31, 2017 17,011 Net income 3,199 (1,013) 0 Dividends on Common Stock Share repurchases Other Ending Balance at Dec. 31, 2018 97 $16,128 b. Is it true (or false) that Norfolk Southern purchased its own shares back during each year from 2016 to 2018?
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