Cash It King* for an businesses. You can determine a company's cash situation by analyzing the cash flow statement. The cash flow statement also helps determine whether the company (1) is generating enough cash from Is operations, to make new investments and pay dividends. or (2) will need to generate cash by Issuing new debt or selling its assets. Which of the following is true for the statement of cash flows' Three categories of activities (operating, investing. and financing) generate or use the cash flow in a company, to the following table, identify which type of activity is described by each statement. Over the last year, Turn Biscuit Co. generation $1,053 million in cash flow from operating activities and had negative cash flow generated from investing activities(-$576 million).At the end of the first year, Turn Biscuit co. had $180 million in cash on its balance sheet, and the firm had $380 million in cash at the end of the second year. What was the firm's cash flow (CF)due to financing activities in the second year