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Using the information given below calculate the cash flow from financing for Year 2. Year 1 Year 2 Cash 10.0 20.0 Receivables 30.0 35.0 Net

Using the information given below calculate the cash flow from financing for Year 2.

Year 1 Year 2
Cash 10.0 20.0
Receivables 30.0 35.0
Net property plant and equipment 50.0 60.0
Total assets 90.0 115.0
Payables 10.0 20.0
Debt 30.0 10.0
Common stock 5.0 15.0
Retained earnings 45.0 70.0
Total liabilities and equity 90.0 115.0
Net income 32.0 48.0

Select one:

(53.0)

(33.0)

13.0

(13.0)

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