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Posted: Tuesday 4 December, 2007 at 4:05 PM

    Today on the Eastern Caribbean Securities Market, 10,000 share of Bank of Nevis traded at $5.25 per share, a decrease of twenty-five cents or 4.55% on its previous market close. Although there were bids and offers for other listed securities there were no other matches, and thus there were no other changes in the market prices of the securities trading on the ECSM.

     

    And today's financial tip:

     

    What are cash flows from financing activities?

     

    This is an accounting of funds related to the financing of the company, which is reported on the cash flow statement of a company’s annual report. This is where the company reports the money that it took in and paid out in order to finance its activities. In other words, it calculates how much money the company spent or received from its stocks and bonds.

     

     

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