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,repurchase of treasury shares 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

Question

Quizplus · Accepted Answer

Net financing cash inflow ($5.3 million) = Short-term borrowings ($2.5 million)

Burich CoReported Short-Term Borrowings of $2