The following information was taken from the 2019 annual report of Hewlett-Packard, a leading technology manufacturer (dollars
Question:
The following information was taken from the 2019 annual report of Hewlett-Packard, a leading technology manufacturer (dollars in millions):
INSTRUCTIONS:
a. Compute the missing dollar amounts.
b. Comment on the company's cash management policies across the three-year period.
Transcribed Image Text:
2019 2018 2017 Cash provided (used) by operating activities $4,654 ? $3,677 Cash provided (used) by investing activities (438) $ (716) ? Cash provided (used) by financing activities ? (5,643) (1,251) Increase (decrease) in cash (629) ? 709 Cash balance at beginning of year ? 6,997 6,288 Cash balance at end of year $4,537 $5,166 $
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