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Ksivusya [100]
3 years ago
15

Cash paid to retire notes $ 112​ Common shares acquired for treasury 172​ Proceeds from issuance of preferred stock 254​ Proceed

s from issuance of subordinated bonds 292​ Cash dividends paid on preferred stock 86​ Cash interest paid to bondholders 116​ In its statement of cash flows, Jacklyn Hyde should report net cash inflows from financing activities of:
Business
1 answer:
arsen [322]3 years ago
6 0

Answer:

$176 million

Explanation:

The calculation of net cash inflows from financing activities is shown below:-

Net cash inflows from financing activities

Proceeds from issuance of preferred stock $254 million

Proceeds from issuance of subordinated  bonds $292 million

Less: Cash dividends paid on preferred stock (86) million

Less: Cash paid to retire note ($112) million

Less: Common shares acquired for treasury (172) million

Net cash inflows from financing activities $176 million

The positive sign represents the cash inflow and the negative sign represents the cash outflow

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