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During the last year, Globo-Chem Co. generated $1170 million in cash flow from operating activities, and had negative cash flow generated from investing activities (-$640
During the last year, Globo-Chem Co. generated $1170 million in cash flow from operating activities, and had negative cash flow generated from investing activities (-$640 million). At the end of the second year, Globo Chem Co. had $200 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 firms cash flow (CF) due to financing activities in the second year?
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