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

ID: 2421409 • Letter: U

Question

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

Increase in inventories                     $25

Purchased treasury stock                $23

Purchased property & equipment    $23

Net Income                                      $330

Decrease in accrued income taxes $48

Depreciation & amortization           $113

Decrease in accounts payable         $12

Increase in accounts receivable       $31

Increase in Long-term debt             $109

Explanation / Answer

Cash flow from financing

For the year ending 06/30/2011

Particular Amount($) Purchase treasury stock -23 Increase in long term debt 109 Cash flow from financing 86