Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 1 points eBook 101 Hint Print References Below are approximate amounts related to cash flow information reported by five companies in previous years. 1.
1 1 points eBook 101 Hint Print References Below are approximate amounts related to cash flow information reported by five companies in previous years. 1. Rectangle reports operating cash flows of $3.44 billion, investing cash flows of $0.44 billion, and financing cash flows of -$3.88 billion. Saved 1. Change total cash 2. Ending cash amount 3. Amount of outflows 4. Amount of outflows 5. Amount of inflows 2. Circle reports operating cash flows of $1.24 billion, investing cash flows of -$0.14 billion, and financing cash flows of -$1.08 billion. The beginning cash amount is $0.54 billion. 3. Pentagon reports operating cash flows of $0.07 billion, investing cash flows of $0.47 billion, and a change in total cash of $0.04 billion. 4. Square reports operating cash flows of $0.44 billion, financing cash flows of $0.26 billion, and a change in total cash of $0.02 billion. 5. Hexagon reports investing cash flows of -$1.10 billion, financing cash flows of $0.87 billion, and a change in total cash of $0.02 billion. (Net cash outflows should be indicated with a minus sign. Enter your answers in billions rounded to 2 decimal places.) Required: 1. What is the amount of the change in total cash of Rectangle? 2. What is the ending cash amount of Circle? 3. What is the amount of cash flows from financing activities of Pentagon? 4. What is the amount of cash flows from investing activities of Square? 5. What is the amount of cash flows from operating activities of Hexagon? $ 0.00 billion billion billion billion billion Help Save
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started