Using the information below -- what was Bala Industries’ Cash Flow from Financin

Question

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

Increase in inventories                     $28

Purchased treasury stock                $23

Purchased property & equipment    $25

Net Income                                      $331

Decrease in accrued income taxes $50

Depreciation & amortization           $114

Decrease in accounts payable         $13

Increase in accounts receivable       $32

Increase in Long-term debt             $10

Explanation / Answer

Financing Activities

Increase in Long-term debt $10

Purchased treasury stock - $23

Answer(10-23)= -$13

Related Questions

Navigate

• Browse (All)
• Browse U
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.