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Could someone please explain how to get part C? I went through it a few times and what I've been computing is wrong :-/ .
Could someone please explain how to get part C? I went through it a few times and what I've been computing is wrong :-/ .
See the cash flow statement a. What were the company's cumulative earnings over these four quarters? What were its cumulative cash flows from operating activities? b. What fraction of the cash from operating activities was used for investment over the four quarters? c. What fraction of the cash from operating activities was used for financing activities over the four quarters? a. What were the company's cumulative earnings over these four quarters? The cumulative earnings were $ 918268 (000). (Round to the nearest integer.) What were its cumulative cash flows from operating activities? The cumulative cash flows from the operating activities were $ 1185736 (000). (Round to the nearest integer.) b. What fraction of the cash from operating activities was used for investment over the four quarters? The fraction of the cash from operating activities used for investment was 14.59%. (Round to two decimal places.)Step by Step Solution
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