a. Fill in the amounts for the Norfolk Southern statement of changes in retained earnings....
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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 $14,267 Net income Answer 26,690 Dividends on Common Stock (973) Share repurchases (1,023) Other (11) Ending Balance at Dec. 31, 2016 14,595 Net income 7,566 Dividends on Common Stock Answer Share repurchases (1,323) Other (7) Ending Balance at Dec. 31, 2017 19,846 Net income 3,732 Dividends on Common Stock (1,182) Share repurchases Answer 5,278 Other 113 Ending Balance at Dec. 31, 2018 $18,816 b. Is it true (or false) that Norfolk Southern purchased its own shares back during each year from 2016 to 2018? Answer True
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