Abc reported 22522 of net income during 2008 along with the, Ask an Expert

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ABC reported 22,522 of net income during 2008, along with the following information in this abbreviated balance sheet:

12/31/2008 12/31/2007

Notes Payable 9,133 10,762

Long Term Debt 56,307 68,440

Common Stock/Paid In Capital 30,924 29,528

Retained Earnings 125,742 116,554

Given this information, what was ABC's "cash flow from financing activites" reported in its Statement of Cash Flows?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92433236

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