Question
In its fiscal 2013 annual report, Nike, Inc. reported cash of $3,337 million at year end. The statement of cash flows reports the following (in
In its fiscal 2013 annual report, Nike, Inc. reported cash of $3,337 million at year end. The statement of cash flows reports the following (in millions): Net cash from operating activities $3,027 Net cash from investing activities (1,067) Net cash from financing activities (940) What was the balance in Nikes cash account at the start of fiscal 2013?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar, Madhav T. Rajan, Chris M. Ittner
13th Edition
0131355589, 978-0131355583
