Dogs 4 u corporation has net cash flow from financing, Ask an Expert

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Dogs 4 U Corporation has net cash flow from financing activities for the last year of $43 million. The company paid $196 million in dividends last year. During the year, the change in notes payable on the balance sheet was $48 million and change in common and preferred stock was $0. The end-of-year balance for long-term debt was $365 million.

Calculate the beginning-of-year balance for long-term debt.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92371154

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