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What amount of cash was provided by financing activities?

User Soyol
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Final answer:

The amount of cash provided by financing activities can be found in the financing activities section of the statement of cash flows. It includes activities such as obtaining loans, issuing stocks, or paying dividends.

Step-by-step explanation:

In accounting, the statement of cash flows categorizes cash flows into three main activities: operating activities, investing activities, and financing activities. Financing activities include activities that result in changes in the size and composition of the capital structure, such as obtaining loans, issuing stocks, or paying dividends. The amount of cash provided by financing activities can be found in the financing activities section of the statement of cash flows.

For example, if a company borrows $10 million from a bank and issues $2 million of common stocks, the net cash provided by financing activities would be $8 million ($10 million - $2 million).

User Jan Trienes
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