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Help! There are a number of reasons why companies will buy back shares of their own stock, Disney Inc. bought back 74 million shares paying
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There are a number of reasons why companies will buy back shares of their own stock, Disney Inc. bought back 74 million shares paying $7.5 billion dollars during its 2016 accounting year. How was Disney Inc.'s ba impacted by the common stock buy back? (OA-Operating activity, FA- Financing activity) A. Statement of Cash Liabilities Stockholders' Equity - ExpenseNet Income Additional Paid-Retained Cash - Notes payable + - Treasury stock in Capital? ($7.5 billion) ($7.5 billion) + ($7.5 billion) FA Statement of Cash - ExpenseNet Income Additional Paid-Retained Cash - Notes payable + - Treasury stock in Capital? ?(S7.5 billion ($7.5 billion) ($7.5 billion) FA Statement of Cash - ExpenseNet Income Additional Paid-Retained Cash - Notes payable + -Treasury stock in Capital? ($7.5 billion) + (S7.5 billion) ($7.5 billion ($7.5 billion) (S7.5 billion) OA Statement of Cash - ExpenseNet Income Additional Paid- Retained Cash - Notes payable + - Treasury stock in Capital? Stock ($7.5 billion) - ($7.5 billion) ($7.5 billion) FA
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