Question
Below are summary cash flow statements for three roughly equal-sized companies. ($ millions) A B C Net cash flows from operating activities (305 ) (305
Below are summary cash flow statements for three roughly equal-sized companies.
| ($ millions) | ||||||
| A | B | C | ||||
| Net cash flows from operating activities | (305 | ) | (305 | ) | 310 | |
| Net cash used in investing activities | (905 | ) | (35 | ) | (95 | ) |
| Net cash from financing activities | 1,250 | 220 | (245 | ) | ||
| Cash balance at beginning of year | 155 | 155 | 155 | |||
a. Calculate each companys cash balance at the end of the year. (Enter your answers in millions.)
Below are summary cash flow statements for three roughly equal-sized companies.
| ($ millions) | ||||||
| A | B | C | ||||
| Net cash flows from operating activities | (305 | ) | (305 | ) | 310 | |
| Net cash used in investing activities | (905 | ) | (35 | ) | (95 | ) |
| Net cash from financing activities | 1,250 | 220 | (245 | ) | ||
| Cash balance at beginning of year | 155 | 155 | 155 | |||
a. Calculate each companys cash balance at the end of the year. (Enter your answers in millions.)
End-of-Year Cash Balance A, B, C
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Shareholder Empowerment A New Era In Corporate Governance
Authors: Maria Goranova, Lori Verstegen Ryan
1st Edition
1137376449,1137373938
