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D and W Co. sells its last season's inventory to a discount store. During the last year, Globo-Chem Co. generated $1,053.00 million in cash flow
D and W Co. sells its last season's inventory to a discount store. During the last year, Globo-Chem Co. generated $1,053.00 million in cash flow from operating activities and had negative cash flow generated from investing activities (-576.00 million). At the end of the first year, Globo-Chem Co. had $180 million in cash on its balance sheet, and the firm had $280 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? $-377.00 million $471.25 million $282.75 million $-188.50 million Save & Continue Grade It Now Continue without saving
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