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Procter & Gamble's June 30, 2011, financial statements reported the following (in millions): Cash, beginning of year $2,879 Cash, end of year 2,768 Cash from operating activities 13,231 Cash from investing activities (3,482) What did Procter & Gamble report for Cash from financing activities for the year ended June 30, 2011? A) $(12,628) million. B) $15,396 million. C) $(15,396) million. D) $9,860 million. E) $(9,860) million.

Procter & Gamble's June 30, 2011, financial statements reported the following (in millions): Cash, beginning of year $2,879 Cash, end of year 2,768 Cash from operating activities 13,231 Cash from investing activities (3,482) What did Procter & Gamble report for Cash from financing activities for the year ended June 30, 2011? A) $(12,628) million. B) $15,396 million. C) $(15,396) million. D) $9,860 million. E) $(9,860) million.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Procter & Gamble's June 30, 2011, financial statements reported the following (in millions): Cash, beginning of year $2,879 Cash, end of year 2,768 Cash from operating activities 13,231 Cash from investing activities (3,482) What did Procter & Gamble report for Cash from financing activities for the year ended June 30, 2011? A) $(12,628) million. B) $15,396 million. C) $(15,396) million. D) $9,860 million. E) $(9,860) million.
Transcribed Image Text:Procter & Gamble's June 30, 2011, financial statements reported the following (in millions): Cash, beginning of year $2,879 Cash, end of year 2,768 Cash from operating activities 13,231 Cash from investing activities (3,482) What did Procter & Gamble report for Cash from financing activities for the year ended June 30, 2011? A) $(12,628) million. B) $15,396 million. C) $(15,396) million. D) $9,860 million. E) $(9,860) million.
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