Question
SOCF Analysis: Using the information in the table (an excerpt from the Gracenat Company statement of cash flows) complete (a) and (b) below. ($ in
SOCF Analysis: Using the information in the table (an excerpt from the Gracenat Company statement of cash flows) complete (a) and (b) below.
($ in 000's) | 2020 | 2019 |
Free Cash Flow | $4,000 | $9,500 |
Financing Activities |
|
|
Repayment of L/T Debt | (2,000) | (5,500) |
Proceeds from issuances of L/T Debt | 400 | 100 |
Repurchase of Common Stock | (400) | (150) |
Cash Dividend Paid | (1,750) | (1,750) |
Issuance of Common Stock | 10,000 | 8,000 |
Cash Flow from Financing Activities | $6,250 | $700 |
|
|
|
Change in Cash Balance | 10,250 | 10,200 |
List the top 3 influences (positive or negative) of the increase in Cash Flow from Financing Activity ($700 up to $6,250) from 2019 to 2020:
Greatest contributor: .
Second greatest contributor: .
Third greatest contributor: .
Identify one item in the above statement that seems counter intuitive.
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