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he following information is available forPina Colada Corp.for the year 2022: (in million) Cash receipts from operating activities $860 Cash payments from operating activities 260
he following information is available forPina Colada Corp.for the year 2022:
(in million)
Cash receipts from operating activities $860
Cash payments from operating activities 260
Net cash used by investing $230
Net cash provided by financing $830
Net increase in cash and equivalents ?
Cash and equivalents at start of year $610
Cash and equivalents at year-end ?
What is the cash and equivalents amount at year-end?
$1810
$1210
$590
$2790
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