Answer:
C. Increase
Explanation:
A bustling economy will make individuals want to take advantage of the opportunity. It’s however normal for prices of a good or service to increase when there is a huge demand for it.
In this case there was a boom in the economy which means the price of the shares he owns in the company will increase.
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Answer: Did u find out the anser?
Explanation: Im taking the quiz now
Answer:
$18.3 million
Explanation:
Financing activities: It includes those activities which comes under the long term liabilities and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption, dividend, and the purchase of treasury stock is an outflow of cash.
The computation of the amount reported as a net cash flows from financing activities is shown below:
Cash flow from Financing activities
Issuance of common stock $38.6 million
Less: Purchase of treasury stock -$20.3 million
Net Cash flow from Financing activities $18.3 million
