1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dimaraw [331]
3 years ago
14

Procter & Gamble’s June 30, 2016, financial statements reported the following (in millions): Cash, beginning of year $ 6,836

Cash, end of year $ 7,102 Cash from operating activities $15,435 Cash from investing activities $ (5,575) What did Procter & Gamble report for cash from financing activities for the year ended June 30, 2016? $9,514 million $20,961 million $(20,961) million $(9,594) million $7,067 million
Business
1 answer:
lina2011 [118]3 years ago
5 0

Answer:

(9,594)

Explanation:

The net cash movement during a period the sum of cashflow from operations (CFO), cashflow from investing activities (CFI) and cashflow from financing (CFF) activities. On the other hand, that net cash movement is also calculated as the difference between end of year cash position and start of year cash position. Given that, we have the equation as below:

End of year cash position - Start of year cash position = CFO + CFI + CFF

Putting all the number together, we have:

7,102 - 6,836 = 15,435 - 5,575 + CFF

Solve the equation, we have CFF = (9,594)

You might be interested in
Faulty tools must be recorded first, ________ them and report it to the authorize personnel. 
morpeh [17]

Answer:

condemned or thrown I think

3 0
3 years ago
1. The most recent trends in health care expenditures may be characterized as: A. Rapidly increasing B. Far exceeding growth in
Tasya [4]

Answer:

A. Rapidly increasing

3 0
3 years ago
What is the best way to investigate fraudulent transactions on your credit card is to?
Brut [27]
Track the fraud..........
6 0
3 years ago
Whenever you have a concern or complaint about an issue at work, to whom should you talk with first?
rusak2 [61]
I don’t know if i’m right or the answers that were given to you, but I believe it’s the ombudsman. Correct me if i’m wrong :)
6 0
3 years ago
Corporations differ from partnerships and other forms of business association in two ways. One of these is that:________.
8090 [49]

Answer: c. they must be publicly registered or in some way officially acknowledged by the law.

Explanation:

Corporations tend to have many shareholders who would get hurt if the company fails and for this reason they are regulated by the law. They must be publicly registered to allow people to purchase and sell shares and they must have the official acknowledgement of the law.

The formation of a corporation can be complicated and require a relatively high number of legal processes and corporations are not regulated by the Federal Trade Commission.

Also, even though shareholders are technically entitled to the company's profits, they don't get to collect it immediately because the company needs money to function and grow.

7 0
3 years ago
Other questions:
  • Hurricane katrina damaged a large portion of refining and pipeline capacity when it swept through the gulf coast states in augus
    12·1 answer
  • Fuzzy​ logic, expert​ systems, and​ case-based reasoning are all​ _______ used with decision making.
    9·1 answer
  • Where should a declared but unpaid cash dividend be reported on the balance sheet?
    7·1 answer
  • Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 3
    11·1 answer
  • Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments
    12·1 answer
  • Which of the following describes how the U.S. government protects and supports farmers and ranchers?
    14·1 answer
  • You need to accumulate $10,000. To do so, you plan to make deposits of $1,000 per year - with the first payment being made a yea
    7·1 answer
  • Cheyenne Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y
    13·1 answer
  • Harold works as an operations manager. He uses a project management tool to schedule and manage the steps of the manufacturing p
    5·1 answer
  • Which person makes original journal entries in the general ledger and reporting system about events such as dividend payments an
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!