Problemin 2006 hewlett-packard repurchased shares of common, Ask an Expert

Accounting

Problem:

In 2006 Hewlett-Packard repurchased shares of common stock worth $5,241 million and made dividend payments of $894 million. Other financing activities raised $196 million, and Hewlett-Packard's total cash flow from financing was -$6,077 million.

Required:

Question: How much did the long-term debt accounts of Hewlett-Packard change?

Increased $138 million
Decreased $138 million
Increased $836 million
Decreased $836 million

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167270

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