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                     $26

Purchased treasury stock                $17

Purchased property & equipment    $22

Net Income                                      $340

Decrease in accrued income taxes $40

Depreciation & amortization           $115

Decrease in accounts payable         $17

Increase in accounts receivable       $25

Increase in Long-term debt             $102

Explanation / Answer

the only categories here that fall under "Cash Flow from Financing" are the purchase of treasury stock, which is an outflow of $17, and an increase in long-term debt, which is an inflow of $102.

The other items fall under either cash flow from operations, from investing, or doesn't fall under any of them.

102 - 17 = $85

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