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Background information: Anne Schippel, business banker, is analyzing Dry Supplys financial statements and has complied a statement of cash flows for 20 xz. The financing

Background information:

Anne Schippel, business banker, is analyzing Dry Supplys financial statements and has complied a statement of cash flows for 20 xz. The financing activities section is show 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 ACTIVITES

Cash flow from financing activities

Proceeds from sale of stock $0.00

Proceeds from short-term debt (9)

Proceeds from subordinated debt 9

Repayment of debt 0

Payment under capital lease obligations 0

Dividends paid 0

Net cash provided by financing activities 0

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