Answer :
The amount reported for net financing cash inflows (outflows) in the statement of cash flows would be $5,300.
In the statement of cash flows, the net financing cash inflows (outflows) represent the difference between the cash received from financing activities and the cash paid out for financing activities during the year. Financing activities involve transactions related to obtaining or repaying funds from external sources, such as banks or investors.
To calculate the net financing cash inflows (outflows), we need to identify the cash flows related to financing activities. In this case, the cash flows relevant to financing activities include the receipt from the bank for long-term borrowing and the payment of dividends.
The receipt from the bank for long-term borrowing is considered a cash inflow as it represents funds received from an external source. In this case, the amount is $6,800.
The payment of dividends, on the other hand, is considered a cash outflow as it represents the distribution of funds to the shareholders. In this case, the amount is $1,500.
To calculate the net financing cash inflows (outflows), we subtract the cash outflows (payment of dividends) from the cash inflows (receipt from the bank for long-term borrowing):
Net Financing Cash Inflows (Outflows) = Receipt from the bank for long-term borrowing - Payment of dividends
Net Financing Cash Inflows (Outflows) = $6,800 - $1,500
Net Financing Cash Inflows (Outflows) = $5,300
Therefore, the amount reported for net financing cash inflows (outflows) in the statement of cash flows would be $5,300.
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