Walden Book Buyers buys 5,000 shares of its own common stock at $25 per share. The company

Question:

Walden Book Buyers buys 5,000 shares of its own at $25 per share. The company purchases the shares as Treasury stock.

Required:
How is this transaction reported on the statement of cash flows?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...