Professional Documents
Culture Documents
Optical Products Company Reported The Following Shareholders Equity On Its
Optical Products Company Reported The Following Shareholders Equity On Its
Optical Products Company reported the following shareholders' equity on its balance sheet:
Requirements
1. What caused Optical Products's preferred shares to decrease during 2017? Cite all the
possible causes.
2. What caused Optical Products's common shares to increase during 2017? Identify all the
possible causes.
3. How many shares of Optical Products were outstanding at December 31, 2017?
4. Optical Products's net income during 2017 was $1,410 million. How much were Optical
Products's dividends during the year?
ANSWER
http://paperinstant.com/downloads/optical-products-company-reported-the-following-
shareholders-equity-on-its/
1/1
Powered by TCPDF (www.tcpdf.org)