Usama Ali Khan Company experienced the following at end of year, December 2017:
Required: Calculate the Net Cash Flow From Financing Activities.
255000
Net Cash Flow From Financing Activities = Rs. 2,55,000
Cash flows from Financing Activities:Issued preferred stock250,000Repurchased of its own common stock−140,000Borrowed from a bank issuing a 5–year note200,000Retired bonds−55,000Net Cash Flow from Financing Activities255,000