A company issues $500 million in equity, $400 million in debt, and buys back $100 million in common stock. All transactions were in the same reporting period. The treasury team is assessing its capital market transactions for Financing section of its Statement of Cash Flows. What is the net effect on the above transactions on the Financing section of the company's cash flow statement? a. \$900 million b. $600 million c. \$800 million d. \$1.0 billion 12. We can also conclude the following about the Epee company's margins: a. In 2022, the Epee company's COGS increased compared to that of 2021 b. In 2022, the Epee company's operating expenses decreased compared to that of 2021 c. In 2022, the Epee company might have had a considerably larger interest expense or some other non-operating expense than that of 2021. d. We don't have enough information to make any judgements on the margin ratios