We appreciate your visit to During the year Next Tec Corporation had the following cash flows Receipt from customers 19 000 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 :
The net financing cash inflows (outflows) can be calculated as follows:
Receipt from the bank for long-term borrowing = $6,300
Payment of dividends = $1,900
Net financing cash inflows (outflows) = Receipt from the bank for long-term borrowing - Payment of dividends
= $6,300 - $1,900
= $4,400
Therefore, the amount reported for net financing cash inflows (outflows) in the statement of cash flows is $4,400. The correct answer is: $4,400.
Receipt from the bank for long-term borrowing = $6,300
Payment of dividends = $1,900
Net financing cash inflows (outflows) = Receipt from the bank for long-term borrowing - Payment of dividends
= $6,300 - $1,900
= $4,400
Therefore, the amount reported for net financing cash inflows (outflows) in the statement of cash flows is $4,400. The correct answer is: $4,400.
Thanks for taking the time to read During the year Next Tec Corporation had the following cash flows Receipt from customers 19 000 Receipt from the bank for long term borrowing 6. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
