Question
E2-15 Net income, retained earnings, and dividends Use the following data (in millions) for Oracle Corporation (ORCL), for a recent year to answer the
E2-15 Net income, retained earnings, and dividends Use the following data (in millions) for Oracle Corporation (ORCL), for a recent year to answer the questions below: Retained earnings, beginning of year Retained earnings, end of year Net cash flows from operating activities Net decrease in cash Net cash flows from financing activities $27,598 18,412 15,386 (164) (9,982) a. Determine Oracle's net loss for the year, assuming no dividends were paid during the year. b. Determine the net cash flows used for investing activities for the year.
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