The following information applies to the questions displayed belowJ ElectricCity

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The following information applies to the questions displayed belowJ ElectricCity Corporation designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. In 2014, ElectricCity Corporation had the largest market value of any company. ElectricCity Corporation has over 92,000 full-time employees. The company's statement of cash flows contained the following information (in millions): 2014 2013 2012 Cash flows from financing activities: Repurchases of common stock (151) (418.6) o value:

Explanation / Answer

1.

2.

No. Transaction General Journal Debit Credit 2014 1. Treasury Stock 151.10 cash 151.10

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