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Calculate Grove's 2018 cash from investing activities. A. (30) B. (10) C. 10 D. 30 Below is income statement and balance sheet data for Grove

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Calculate Grove's 2018 cash from investing activities.

A. (30)

B. (10)

C. 10

D. 30

Below is income statement and balance sheet data for Grove Analytics. ($ in millions) Income statement Revenue 230 Operating expenses 68 Depreciation 20 13 Stock based compensation Operating profit 129 Interest expense 31 Taxes Net income 93 Balance sheet 12/31/2017 12/31/2018 Cash Accounts receivable 20 25 Inventory 15 18 PP&E 30 40 83 Total assets 115 Accounts payable Short term debt 20 Long term debt 48 60 Treasury stock (40) 30 Common stock & APIC 25 40 Retained earnings 95 Total liabilities & equity 115 188

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