AD Electronics reported the following in 2022: Short-term borrowings: $520 million Long-term borrowings: $250 million Long-term debt repayments: $80 million Treasury shares repurchased: $700 million Interest paid: $150 million (not included in financing activities) What is the net cash flow from financing activities for 2022?
AD Electronics reported the following in 2022: Short-term borrowings: $520 million Long-term borrowings: $250 million Long-term debt repayments: $80 million Treasury shares repurchased: $700 million Interest paid: $150 million (not included in financing activities) What is the net cash flow from financing activities for 2022?
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter12: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12.2DC
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Transcribed Image Text:AD Electronics reported the following in 2022:
Short-term borrowings: $520 million
Long-term borrowings: $250 million
Long-term debt repayments: $80 million
Treasury shares repurchased: $700 million
Interest paid: $150 million (not included in financing activities)
What is the net cash flow from financing activities for 2022?
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