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
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
Problem 1PS
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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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