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Requlred Information [The following information applies to the questions displayed below] Nicole has been financing Nicole's Getaway Spa (NGS) using equity financing. Currently NGS has
Requlred Information [The following information applies to the questions displayed below] Nicole has been financing Nicole's Getaway Spa (NGS) using equity financing. Currently NGS has authorized 100,000 nopar preferred shares and 200,000$2 pat common share5. Outstanding shares include 57,000 preferred shares and 47,000 common shares Recentiy the following transactions have taken place a. NGS Issues 1,350 preferred shares for $11 a share b NGS repurchases 1,350 common shares for $10 a share. c. On November 12 , the board of directors deciares a $0.30 cash dividend on each outstanding preferred shane d The dividend is paid December 20 Show the overall effect of each transaction on the assets, llabilitles, and sharenolders' equity of the company. (Use + for increase, for decrease, and NE for no effect.)
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