Question 8 (1 point)

Using the information below -- what was Bala Industries' Cash Flow from Financing for the year ending 6/30/2011? Round to the nearest cent.

Increase in inventories$27

Purchased treasury stock$25

Purchased property & equipment$20

Net Income$330

Decrease in accrued income taxes$41

Depreciation & amortization$119

Decrease in accounts payable$16

Increase in accounts receivable$27

Increase in Long-term debt$103

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