Question

Using the information below -- what was Bala Industries’ Cash Flow from Financing for the year...

Using the information below -- what was Bala Industries’ Cash Flow from Financing for the year ending 6/30/2011? Round to the nearest cent.

Increase in inventories $29

Purchased treasury stock $27

Purchased property & equipment $15

Net Income $330

Decrease in accrued income taxes $41

Depreciation & amortization $115

Decrease in accounts payable $19

Increase in accounts receivable $28

Increase in Long-term debt $103

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Cash flow from financing is one of the components of the Cash flow statement and this part presents the cash inflows and outflows as a result of Financing activities such as issuance and repurchase of stock, issuance of debt, repayment of debt, dividend and interest payments, etc.

Cash flow from Financing for Bala Industries = -Purchase of treasury stock + Increase in long term debt

= -27 + 103 = $76

Note: Since purchase of stock is a cash outflow for the company, it is preceded by a negative sign.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Using the information below -- what was Bala Industries’ Cash Flow from Financing for the year...
Using the information below -- what was Bala Industries’ Cash Flow from Financing for the year ending 6/30/2011? Round to the nearest cent. Increase in inventories $35 Purchased treasury stock $20 Purchased property & equipment $17 Net Income $334 Decrease in accrued income taxes $50 Depreciation & amortization $117 Decrease in accounts payable $20 Increase in accounts receivable $26 Increase in Long-term debt $109
Question 1 The average tax rate is Question 6 options: the tax rate that is paid...
Question 1 The average tax rate is Question 6 options: the tax rate that is paid on the last dollar of income earned always higher than the marginal tax rate calculated by dividing the total taxes paid by the taxable income none of the above Question 2 If Cleveland Motors Had an EBIT of $22,560,700, Interest of $7,479,900 and is taxed at an average rate of 32% what is their Net Income? Round to the nearest cent. Your Answer: Question...
For the item below, determine whether the amount would be disclosed in the cash flow statement...
For the item below, determine whether the amount would be disclosed in the cash flow statement under: Operating (CFO), Investing (CFI), or Financing (CFF), as well as if would be a net increase (+) or decrease (-) in cash or cash equivalents: A. Principal payments on long-term borrowings B. Decrease in accounts receivable C. Proceeds from long-term borrowings D. Increase in deferred income tax net liability E. Net earnings F. Increase in prepaid expenses G. Increase in merchandise inventories H....
Determine the below ratios for 2011 and 2012 and compare the Hospitals financial performance year to...
Determine the below ratios for 2011 and 2012 and compare the Hospitals financial performance year to year based on those ratios. Make sure you explain what each ratio measures Return on Net Assets Cash Flow to Debt FINANCIAL STATEMENTS: Cash Flows from Operating Activities:                         2012                    2011 Cash received from patient services                             $3783                 $2590 Cash paid to employees and suppliers                         (3684)                (2541) Interest paid                                                                           (16)                       (14) Interest earned                                                                        13                            6 Net Cash from Operations                                                     $96                      $41 Cash Flows from Investing Activities:...
Indicate whether each of the following items would result in net cash flow from operating activities...
Indicate whether each of the following items would result in net cash flow from operating activities being higher (H) or lower (L) than net income. a. Increase in accounts payable b. Amortization expense c. Decrease in accrued liabilities d. Loss on sale of assets e. Decrease in accounts receivable f. Decrease in deferred tax assets g. Increase in deferred revenue h. Decrease in income taxes payable i. Decrease in prepaid expenses
Detail explanation please. Using the following information, compute Net Cash Flow from Financing Activities. Note that...
Detail explanation please. Using the following information, compute Net Cash Flow from Financing Activities. Note that some of the numbers in this problem are the same as those in the previous problem. Some, however, are different. You must answer this problem separately.   Balance Sheets for the Years Ending Dec. 31, 2011 and 2012       2011 2012Cash             300            400Accounts receivable         1,000        1,400Inventories         3,200        3,000 Current assets         4,500        4,800Net fixed assets         3,800        4,300Total assets         8,300        9,100     Notes payable             400            300Accounts payable             700            500Accruals               50              80Current...
Statement of Cash Flows (Indirect method) Particulars Amount Cash Flow from operating activities: Net Income for...
Statement of Cash Flows (Indirect method) Particulars Amount Cash Flow from operating activities: Net Income for 2019 $58,850 Adjustments: Gain on sale of land ($8,000) Gain on sale of long term investment ($4,000) Depreciation $35,500 Amortization expense $5,000 Increase in accounts receivable ($4,550) Increase in Dividend receivable ($1,000) Increase in Inventories ($7,000) Decrease in Prepaid rent $9,000 Increase in Prepaid Insurance ($1,200) Increase in Office Supplies ($250) Decrease in Accounts payable ($4,000) Increase in Income tax payable $1,000 Increase in...
Calculate cash flow from operating activities using the following information. Net income                           &nbs
Calculate cash flow from operating activities using the following information. Net income                                   60,000           Purchase of new machine          35,000 Depreciation expense                  10,000            Increase in Accts. Receivable     15,000 Loss on sale of machine                  9,000    Decrease in Prepaid Expenses    7,000 Increase in Accts. Payable         14,000 Decrease in Accrued Liabilities 4,000
Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of...
Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of $9,200,000 Increase in Accounts Payable of $700,000 Increase in Accounts Receivable of $500,000 Decrease in Debt of $400,000 Depreciation Expenses of $1,500,000 Dividends Paid of $800,000 Decrease in Inventory of $400,000 Purchases of Property, Plant, & Equipment of $9,400,000 Other Adjustments from Financing Activities of $600,000 Other Adjustments from Investing Activities of $300,000 Other Adjustments from Operating Activities of $100,000 Create a statement of...
Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of...
Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of $9,200,000 Increase in Accounts Payable of $700,000 Increase in Accounts Receivable of $500,000 Decrease in Debt of $400,000 Depreciation Expenses of $1,500,000 Dividends Paid of $800,000 Decrease in Inventory of $400,000 Purchases of Property, Plant, & Equipment of $9,400,000 Other Adjustments from Financing Activities of $600,000 Other Adjustments from Investing Activities of $300,000 Other Adjustments from Operating Activities of $100,000 Create a statement of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT