During fiscal year 2018, BHD Inc. had Cash from Operations of $600 million, and Cash Used for Investing of $1,000 million. During the year the Cash account on the balance sheet decreased by $700 million. This implies that the Financing cash flow was an outflow of $300 million inflow of $300 million outflow of $100 million inflow of $400 million
During fiscal year 2018, BHD Inc. had Cash from Operations of $600 million, and Cash Used for Investing of $1,000 million. During the year the Cash account on the balance sheet decreased by $700 million. This implies that the Financing cash flow was an outflow of $300 million inflow of $300 million outflow of $100 million inflow of $400 million
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:During fiscal year 2018, BHD Inc. had Cash from Operations of $600
million, and Cash Used for Investing of $1,000 million. During the year the
Cash account on the balance sheet decreased by $700 million. This
implies that the Financing cash flow was an
outflow of $300 million
inflow of $300 million
outflow of $100 million
inflow of $400 million
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