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Omicron Products Company reported the following stockholders' equity on its balance sheet: (Click the icon to view the stockholders' equity information.) Read the requirements. Requirement
Omicron Products Company reported the following stockholders' equity on its balance sheet: (Click the icon to view the stockholders' equity information.) Read the requirements. Requirement 1. What caused Omicron's preferred stock to decrease during 2022 ? Cite all possible causes. Preferred stockholders could have their preferred stock to . The second possibility is that the company preferred stock shares. Requirement 2. What caused the company's common stock to increase during 2022 ? Identify all possible causes. Omicron may have issued common stock: 1.) To preferred shareholders who their preferred shares. 2.) For 3.) To pay a Requirement 3. How many shares of Omicron's common stock were outstanding at December 31, 2022? There were million shares outstanding of Omicron's common stock at December 31, 2022. Data table
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