In: Accounting
Using the information below -- what was Bala Industries’ Cash Flow from Financing for the year ending 6/30/2011?
Increase in inventories $27
Purchased treasury stock $19
Purchased property & equipment $16
Net Income $334
Decrease in accrued income taxes $47
Depreciation & amortization $113
Decrease in accounts payable $15
Increase in accounts receivable $28
Increase in Long-term debt $108