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During the last year $1,000 million in cash flow from operating activities, and had negative cash flow generated from investing activities ($-600 million). The change in cash during the year was $100 million. What was the firm's cash flow due to financing activities? a. $400 million b. $500 million c. $-200 million d. $-300 million

During the last year $1,000 million in cash flow from operating activities, and had negative cash flow generated from investing activities ($-600 million). The change in cash during the year was $100 million. What was the firm's cash flow due to financing activities? a. $400 million b. $500 million c. $-200 million d. $-300 million

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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During the last year, Ruston-Chem Co. generated $1,000 million in cash flow from operating activities, and had negative cash flow generated from investing activities ($-600 million). The change in cash during the year was $100 million. What was the firm's cash flow due to financing activities? a. $400 million b. $500 million c. $-200 million Od. $-300 million
Transcribed Image Text:During the last year, Ruston-Chem Co. generated $1,000 million in cash flow from operating activities, and had negative cash flow generated from investing activities ($-600 million). The change in cash during the year was $100 million. What was the firm's cash flow due to financing activities? a. $400 million b. $500 million c. $-200 million Od. $-300 million
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