In 2017 Huge-Packing repurchased shares of common stock worth $5,241 million and made dividend payments of $894 million. Other financing activities raised $196 million, and Huge-Packing's total cash flow from financing was -$6,077 million. How much did the long-term debt accounts of Huge-Packing change?
A) increased $138 million
B) decreased $138 million
C) increased $836 million
D) decreased $836 million

Question

Quizplus · Accepted Answer

HP cash flow from financing: -$5,241 - $894 + $196 + x = -$6,077; x = -$138

In 2017 Huge-Packing Repurchased Shares of Common Stock Worth $5,241