During the year, Lady Liberty Corporation's treasury stock increased $50,000
- Liberty University / Other
- 23 Oct 2017
- Price: $8
- Other / Other
During the year, Lady Liberty Corporation's treasury stock increased $50,000
.During the year, Lady Liberty Corporation's treasury stock increased $50,000 from a cash purchase of stock, cash dividends were paid totaling $44,000 and the company reported net income of $200,000. Show your calculations and give the amount of Net Cash USED by Financing Activities on the statement of cash flows (indirect method).