CFF Financing – Cash Flows,”Includes any cash flows resulting from increased borrowing, debt repayment, stock issuance, stock repurchase or dividend payment.• Calculate CFF by comparing appropriate balance sheet accounts from one year to the next.• An increase in a financing account (ie. debt, notes payable

CFF Financing – Cash Flows,”Includes any cash flows resulting from increased borrowing, debt repayment, stock issuance, stock repurchase or dividend payment.• Calculate CFF by comparing appropriate balance sheet accounts from one year to the next.• An increase in a financing account (ie. debt, notes payable

equity) signals a source of cash flowed into the company.• A decrease in financing account indicates that the company used cash to pay lenders or to buy back stock.Dividends = (Old RE + Net Income) – New RE* RE = Retained Earnings”