Question: Table: Selected Data for 20x2 for ABD Inc. Net income $1,000 Depreciation expense $300 Change in operating assets $600 Change in net property, plant, and
Table:
Selected Data for 20x2 for ABD Inc.
Net income $1,000
Depreciation expense $300
Change in operating assets $600
Change in net property, plant, and equipment $5,000
Change in long-term liabilities $1,000
Dividends paid $200
What is the firms cash flow from financing activities, using the data above?
- $200 outflow
- $800 outlow
- $800 inflow
- $1,000 inflow
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
