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Background Anne Schippel, business banker, is analyzing Dry Supply's financial statements and has compiled a statement of cash flows for 20xz. The financing activities
Background Anne Schippel, business banker, is analyzing Dry Supply's financial statements and has compiled a statement of cash flows for 20xz. The financing activities section is shown below. What are some questions Anne Schippel should ask Dry Supply or be thinking about to better understand the financing cash flows of the business? DRY SUPPLY STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 12/31/20xz ($ IN 000s) CASH FLOW FROM FINANCING ACTIVITIES Cash Flow from Financing Activities Proceeds from sale of stock Proceeds from short-term debt $ 0 (9) Proceeds from subordinated debt Repayment of debt Payment under capital lease obligations Dividends paid Net cash provided by financing activities 0 0 $ 0
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