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During 2019,Tommy's Toys Reported the Following: Short-Term Borrowings of $419

Question 119

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During 2019,Tommy's Toys reported the following: short-term borrowings of $419 million;long-term borrowings of $147 million;long-term debt repayments of $45 million;interest paid,$128 million;treasury shares purchased $632 million;and exercise of stock options by employees,$2 million.
A.Calculate the net cash flow from financing activities during 2019.Show your work and details of whether an item is added or subtracted to arrive at your answer.
B.Is the net cash flow provided by,or used in,the financing activities? Briefly describe the reason for your answer.

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blured image B.The net cash flow is an out...

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