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On its year-end balance sheet, Blue Corporation, reported cash of $354 million at year-end. The statement of cash flows reports that cash increased by $92
On its year-end balance sheet, Blue Corporation, reported cash of $354 million at year-end. The statement of cash flows reports that cash increased by $92 million during the year and that net cash flow from operating activities was $1,306 million.
What was the cash flow from investing activities during the year?
A) $ 446 million cash outflow
B) $1,044 million cash inflow
C) $ 446 million cash inflow
D) $1,044 million cash outflow
E) There is not enough information to determine the amount.
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