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Question 9 Partially correct Mark 1.00 out of 4.00: P Flag question Applying Financial Statement Relations to Compute Dividends a. Fill in the amounts for
Question 9 Partially correct Mark 1.00 out of 4.00: P Flag question Applying Financial Statement Relations to Compute Dividends a. 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 14,231 x 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 19,839 x Share repurchases (1,134) Other (6) Ending Balance at Dec. 31, 2017 17,011 Net income 3,199 Dividends on Common Stock (1,013) Share repurchases 19.197 X Other 97 Ending Balance at Dec. 31, 2018 $16,128 b. Is it true (or false) that Norfolk Southern purchased its own shares back during each year from 2016 to 2018? True = Check
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