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(a) Selected information for a recent year follows for Bank of Montreal and Scotiabank (in millions): Bank of Montreal Scotiabank Profit for the year
(a) Selected information for a recent year follows for Bank of Montreal and Scotiabank (in millions): Bank of Montreal Scotiabank Profit for the year $5,097 $6,853 Cash provided (used) by operating activities 50,836 56,664 Cash provided (used) by investing activities (31,974) (56,459) Cash provided (used) by financing activities (10,304) 143 Calculate the increase or decrease in cash for each company. (Enter your answers in millions.) Bank of Montreal SA Scotiabank
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