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On its year-end balance sheet, Blue Corporation, reported cash of $665 million at year-end. The statement of cash flows reports that cash increased by $173
On its year-end balance sheet, Blue Corporation, reported cash of $665 million at year-end. The statement of cash flows reports that cash increased by $173 million during the year and that net cash flow from operating activities was $2,448 million. What was the cash flow from investing activities during the year?
A. There is not enough information to determine the amount.
B. $1,956 million cash inflow
C. $838 million cash inflow
D. $838 million cash outflow
E. $1,956 million cash outflow
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