The Lory Bookstore used internal financing as a source of long-term financing for 80% of its total needs in 2011. The company borrowed an additional 27% of its total needs in the long-term debt markets in 2011. What were Lory's net new stock issues in that year?

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What were Lory's net new stock issues in that year on these financial accounting question?

The Lory Bookstore used internal financing as a source of long-term
financing for 80% of its total needs in 2011. The company borrowed an
additional 27% of its total needs in the long-term debt markets in 2011.
What were Lory's net new stock issues in that year?
Transcribed Image Text:The Lory Bookstore used internal financing as a source of long-term financing for 80% of its total needs in 2011. The company borrowed an additional 27% of its total needs in the long-term debt markets in 2011. What were Lory's net new stock issues in that year?
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