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Item 1 Below are summary cash flow statements for three roughly equal-sized companies. ($ millions) A B C Net cash flows from operating activities (302
Item 1
Below are summary cash flow statements for three roughly equal-sized companies.
| ($ millions) | |||||
| A |
| B |
| C |
|
Net cash flows from operating activities | (302 | ) | (302 | ) | 304 |
|
Net cash used in investing activities | (902 | ) | (32 | ) | (92 | ) |
Net cash from financing activities | 1,220 |
| 214 |
| (242 | ) |
Cash balance at beginning of year | 152 |
| 152 |
| 152 |
|
a. Calculate each companys cash balance at the end of the year. (Enter your answers in
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