A firm borrowed $2 million and paid 10 percent interest this year It also paid a dividend of $1 per share on 500,000 shares outstanding What is the firms cash flow from financing ...

Cash flow from financing debt interest dividends 2 million 2 million 10 percent 1 05 milli ...

A firm borrowed $2 million and paid 10 percent interest this year. It also paid a dividend

Question:

A firm borrowed $2 million and paid 10 percent interest this year. It also paid a of $1 per share on 500,000 shares outstanding. What is the firm’s cash flow from financing?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...