At the beginning of the year, Big Lots reported cash of $48 million and by the end of the year, it was $35 million. The company's statement of cash flows reported cash from operating activities of $159 million and cash from financing activities of -$17 million. What amount (in $ millions) did the company report for cash from investing activities?
At the beginning of the year, Big Lots reported cash of $48 million and by the end of the year, it was $35 million. The company's statement of cash flows reported cash from operating activities of $159 million and cash from financing activities of -$17 million. What amount (in $ millions) did the company report for cash from investing activities?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 5RE: In the current year, Harrisburg Corporation had net income of 35,000, a 9,000 decrease in accounts...
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