Using the information below — what was Bala Industries' Cash Flow
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 $25
Purchased treasury stock $18
Purchased property & equipment $25
Net Income $339
Decrease in accrued income taxes $44
Depreciation & amortization $117
Decrease in accounts payable $18
Increase in accounts receivable $32
Increase in Long-term debt $109