Zeta Products Company reported the following stockholders’ equity on its balance sheet:Requirements1. What caused Zeta’s preferred stock to decrease during 2013? Cite all possible causes.2. What caused Zeta’s common stock to increase during 2013? Identify all possible causes.3. How many shares of Zeta’s common stock were outstanding at December 31, 2013?4. Zeta’s net income during 2013 was $1,375 million. How much were Zeta’s dividends during the year?5. During 2013, Zeta sold no treasury stock. What average price per share did Zeta pay for the treasury stock that the company purchased during theyear?
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Zeta Products Company reported the following stockholders equit

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