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Alpha Products Company reported the following shareholders' equity on its balance sheet: (Click the icon to view the shareholders' equity information.) Requirements 1. What could
Alpha Products Company reported the following shareholders' equity on its balance sheet: (Click the icon to view the shareholders' equity information.) Requirements 1. What could have caused Alpha Products's preferred shares to decrease during 2020 ? Cite all the possible causes. 2. What could have caused Alpha Products's common shares to increase during 2020 ? Identify all the possible causes. 3. How many shares of Alpha Products were outstanding at December 31, 2020? 4. Alpha Products's net income during 2020 was $1,380 million. How much were Alpha Products's dividends during the year? Requirement 1. What could have caused Alpha Products's preferred shares to decrease during 2020 ? Cite all the possible causes. (Select all that apply.) A. Stock split B. Issuance of common shares for cash or other assets C. Stock dividend D. Retirement of preferred shares E. Issuance of preferred shares F. Retirement of common shares G. Conversion of common shares into preferred shares H. Conversion of preferred shares into common shares I. Earning profits from operating the business Requirement 2. What could have caused Alpha Products's common shares to increase during 2020? Identify all the possible causes. (Select all that apply.) A. Conversion of preferred shares into common shares B. Stock dividend C. Retirement of preferred shares Requirement 2. What could have caused Alpha Products's common shares to increase during 2020 ? Identify all the possible causes. (Select all that apply.) A. Conversion of preferred shares into common shares B. Stock dividend C. Retirement of preferred shares D. Issuance of preferred shares E. Issuance of common shares for cash or other assets F. Earning profits from operating the business G. Conversion of common shares into preferred shares H. Stock split I. Retirement of common shares Requirement 3. How many shares of Alpha Products were outstanding at December 31, 2020? Alpha Products's shares outstanding at December 31, 2020 amounted to million shares. Requirement 4. Alpha Products's net income during 2020 was $1,380 million. How much were Alpha Products's dividends during the year? Dividends paid during the year amounted to $ million. Shareholders' equity information
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