We appreciate your visit to During the year Next Tec Corp had the following cash flows Receipt from customers 11 000 Receipt from the bank for long term borrowing 6. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Answer: $4,700
Explanation:
Financing Cashflows are those that relate with the capital of the company including Equity and debt. Dividends are payments to shareholders (equity) so fall here as well.
Net Financing Cashflows = Inflows - Outflows
= Receipt from the bank for long-term borrowing - Payment of dividends
= 6,400 - 1,700
= $4,700
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