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Aim Limited has the following selected data ($ in millions): $ 180 1,090 Cash balance, January 1 Financing cash flows Capital expenditures Investing cash flows
Aim Limited has the following selected data ($ in millions): $ 180 1,090 Cash balance, January 1 Financing cash flows Capital expenditures Investing cash flows Operating cash flows 1090 440 Required: 650 1. Calculate the balance of cash at the end of the fiscal year, Decem 50 is 2. Calculate free cash flows. 3. Based on the pattern in cash flows, determine Aim's life cycle sta (400) (500) (440) -
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