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In 2019, Melor Bhd.s long-term debt increased by RM27 million, whereas its notes payable decreased by RM9 million. The firms interest and dividends were, respectively,
In 2019, Melor Bhd.s long-term debt increased by RM27 million, whereas its notes payable decreased by RM9 million. The firms interest and dividends were, respectively, RM7 million and RM4 million, in 2019.
(a) If the firms net cash flow from financing activities in 2019 was an outflow of RM1 million, what was the change in the firms ordinary shares and share premium in 2019? Explain briefly about the cash flow from this change.
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