Louisiana Company uses the indirect method to prepare s statement of cash fows Refer to the following portion of the comparative balance sheet Louisiana Company Comparative Balance Sheet December 31 2025 and 2024 2024 $2.000 79,000 (.200) $72.800 Increase(Decrease) $30.000 46,000 (6.800) $69.200 2025 $32000 125.000 Common Stock Retained Eamings Treasury Stock Total Equity (15.000) $142.000 Note: 1. There were no stock retirements during the year 2. There were no sales of treasury stock during the year Compute the cash flow from transactions ivolving treasury stock OA. $6,800 of positive cash flow O B. zero net cash Bow OC. $6.00 negative cash flow OD. S15,000 negative cash tow
Louisiana Company uses the indirect method to prepare s statement of cash fows Refer to the following portion of the comparative balance sheet Louisiana Company Comparative Balance Sheet December 31 2025 and 2024 2024 $2.000 79,000 (.200) $72.800 Increase(Decrease) $30.000 46,000 (6.800) $69.200 2025 $32000 125.000 Common Stock Retained Eamings Treasury Stock Total Equity (15.000) $142.000 Note: 1. There were no stock retirements during the year 2. There were no sales of treasury stock during the year Compute the cash flow from transactions ivolving treasury stock OA. $6,800 of positive cash flow O B. zero net cash Bow OC. $6.00 negative cash flow OD. S15,000 negative cash tow
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter13: Statement Of Cash Flows
Section: Chapter Questions
Problem 3PA: Statement of cash flowsindirect method The comparative balance sheet of Whitman Co. at December 31,...
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