Question

he following information is available for Jacqui's Jewelry and Gift Store: Net Income $5,000 Depreciation Expense 2,500 Increase in Deferred Tax Liabilities 500 Decrease in accounts receivable 2, 000 Increase in inventories 9,000 Decrease in accounts payable 5,000 Increase in accrued liabilities 1,000 Increase in property and equipment 14,000 Increase in short-term notes payable 19,000 Decrease in long-term bonds payable 4,000 What is net cash flow from Financing Acti

Answer 1

Answer:

$15,000

Explanation:

This can be calculated as follows:

Details                                                                 Amount ($)

Increase in short-term notes payable                   19,000

Decrease in long-term bonds payable                 (4,000)    

Net cash flow from Financing Activities           15,000    

Therefor, net cash flow from Financing Activities $15,000.