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mylab.pearson.com/Student/PlayerTest.aspx?testid=238198117¢erwin=yes ACG2011_687908(1) Test: Ch 16 Test-Graded Question 8 of 25 cesar Rodriguez 05/03/22 9:12 PM This test: 100 point(s) possible This question: 4 point(s)
mylab.pearson.com/Student/PlayerTest.aspx?testid=238198117¢erwin=yes ACG2011_687908(1) Test: Ch 16 Test-Graded Question 8 of 25 cesar Rodriguez 05/03/22 9:12 PM This test: 100 point(s) possible This question: 4 point(s) possible Submit test Louisiana Company uses the indirect method to prepare its statement of cash Bows. Refer to the following portion of the comparative balance sheet Common Stock Retained Earnings Treasury Stock Total Equity Note: Louisiana Company Comparative Balance Sheet December 31, 2025 and 2024 2025 $32.000 2024 $2.000 Increase/(Decrease) $30,000 125,000 79.000 46,000 (15.000) (8,200) (6,800) $142.000 $72.800 $69.200 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 involving treasury stock OA. $6,800 of positive cash flow OB. zero net cash flow OC. $6,800 negative cash flow OD. $15,000 negative cash flow
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