Burich Co.reported short-term borrowings of $2.5 million,long-term borrowings of $6.8 million,repayments of long-term borrowings of $3.5 million,interest payments of $780,000,purchase of common stock shares for treasury of $.5 million,and cash dividends declared of $1.1 million.What is the cash flow from financing activities?
A) $5,300,000 net cash inflow.
B) $4,200,000 net cash inflow.
C) $1,700,000 net cash inflow.
D) $2,800,000 net cash inflow.
Correct Answer:
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