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During 20X6, Hoyle Corporation earned net income of $5.3 billion and paid off $2.2 billion of long-term notes payable. Hoyle raised $1.7 billion by issuing
During 20X6, Hoyle Corporation earned net income of $5.3 billion and paid off $2.2 billion of long-term notes payable. Hoyle raised $1.7 billion by issuing ordinary shares, paid $3.6 billion to purchase treasury shares, and paid cash dividends of $1.4 billion. Report Hoyle's cash flow from financing activities on the statement of cash flows for 20X6. (Enter amounts in billions. Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Cash flows from financing activities: Net cash provided by (used for) financing activities
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