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From the following information prepare a reformulated statement of common shareholders’ equity for 2008 Amounts are in

From the following information prepare a reformulated statement of common shareholders’ equity for 2008. Amounts are in millions.Balance, December 31, 2007 ….. $1,206Net income ………….. 241Foreign currency translation loss …. (11)Unrealized gain on debt security held … 24Issue of shares ………… 45Common dividends ………. (94)Preferred dividends ………. (15)Balance, December 31, 2008 ……. $1,396

May 17 2020 View more View Less

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