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 $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

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Answer #1

Cash Flow from Financing activities = Increase in Long term debts - Purchase of treasury stock

= 109 - 20

= $89

Cash Inlfow is increased when the Long term debt is increased or issued.

Also, Purchase of treasury stock will lead to cash outflow.

All other information is not related to the financing activites.

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