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 $27
Purchased treasury stock $18
Purchased property & equipment $19
Net Income $335
Decrease in accrued income taxes $50
Depreciation & amortization $114
Decrease in accounts payable $16
Increase in accounts receivable $27
Increase in Long-term debt $103
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