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Using the information below, what was Bala Industries Cash Flow from Financing for the year ending June 30, 2011? Increase in inventories: $33 Purchased treasury
Using the information below, what was Bala Industries Cash Flow from Financing for the year ending June 30, 2011?
Increase in inventories: $33
Purchased treasury stock: $18
Purchased property and equipment: $20
Net Income: $332
Decrease in accrued income taxes: $48
Depreciation and amortization: $114
Decrease in accounts payable: $15
Increase in accounts receivable: $29
Increase in Long-term debt: $101
A) $85
B)$83
C)$86
D)$93
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