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Question 1: Using the information below what was Bala Industries' Cash Flow from Financing for the year ending 6/30/2011? Round to the nearest cent.
Increase in inventories $29
Purchased treasury stock $21
Purchased property & equipment $17
Net Income $337
Decrease in accrued income taxes $43
Depreciation & amortization $114
Decrease in accounts payable $19
Increase in accounts receivable $34
Increase in Long-term debt $108
How will a company contribution margin be affected by an investment in equipment that increases fixed costs in order to achieve a reduction in direct labor cost
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