Burich co. reported proceeds from short-term non-payables, Ask an Expert

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Burich Co. reported proceeds from short-term (non-payables) notes of $2.5 million, proceeds from long-term borrowings of $6.8 million, repayments of long-term borrowings of $3.5 million, interest payments of $780,000, repurchase of Burich treasury shares of $500,000 and cash dividends declared of $1.1 million. Net cash flow from financing activities equals $5,300,000 net cash inflow.

Can you show me the breakdown of how he 5.3M was computed?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9407814

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