Procter & Gamble's June 30, 2016, financial statements reported the following (in millions): Cash, beginning of year $ 6,836 Cash, end of year 7,102 Cash from operating activities 15,435 Cash from investing activities (5,575 ) What did Procter & Gamble report for cash from financing activities for the year ended June 30, 2016?

($9,594)

Explanation:

GIVEN THE FOLLOWING ;

P&G FINANCIAL STATEMENT :

BEGINNING = $6836 MILLION

ENDING = $7102 MILLION

OPERATING ACTIVITIES = $15,435 MILLION

INVESTING ACTIVITIES = ($5575 MILLION)

FINANCING ACTIVITIES =?

Cash and beginning cash refers to the money or cash at the beginning and end of a business year.

Analysis of Cashflow is divided into Investing, Financing and operating activities

THEREFORE :

ENDING - BEGINNING = INVESTING + OPERATING + FINANCING ACTIVITIES

$(7,102 - 6836) = (5575) + $15,435 + FINANCING

$266 = - $5,575 + $15,435 + FINANCING

$266 = $9,860 + FINANCING ACTIVITIES

-$9594 = FINANCING ACTIVITIES.

($9,594)

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