The 2014 statement of shareholders€™ equity of Starbucks, the coffee shop retailer, included the following information concerning common stock (in millions):

REQUIRED:
a. Compute the average prices at which the shares in 2013 and 2014 were issued and purchased.
b. Were the shares to exercise the stock options issued at a higher or lower price than the shares issued for the sale of common stock? Explain how the two sets of shares could be issued for different purposes. What do the repurchase and sale indicate about the stock price trend?

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Shares Dollar Amount 2013: Exercised stock options $ 154.8 6.5 Sale of common stock 0.3 22.3 Repurchase of stock (10.5) (769.8) 2014: Exercised common stock 14.6 224.4 Sale of common stock 23.5 0.6 Repurchase of stock (29.0) (1,431.8)