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Below are summary cash flow statements for three roughly equal-sized companies. ($ millions) A B C Net cash flows from operating activities (301 ) (301
Below are summary cash flow statements for three roughly equal-sized companies.
($ millions) | ||||||
A | B | C | ||||
Net cash flows from operating activities | (301 | ) | (301 | ) | 302 | |
Net cash used in investing activities | (901 | ) | (31 | ) | (91 | ) |
Net cash from financing activities | 1,210 | 212 | (241 | ) | ||
Cash balance at beginning of year | 151 | 151 | 151 | |||
a. Calculate each companys cash balance at the end of the year. (Enter your answers in millions.)
What is the end of year cash balance for : A , B , C
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