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Selected information for a recent year follows for Bank of Montreal and Scotiabank (in millions); Bank of Montreal Scotiabank Profit for the year $5,097
Selected information for a recent year follows for Bank of Montreal and Scotiabank (in millions); Bank of Montreal Scotiabank Profit for the year $5,097 $6,853 Cash provided (used) by operating activities 50,836 56,664 Cash provided (used) by investing activities (31,974) (56,459) Cash provided (used) by financing activities (10,304) 143 (a) Calculate the increase or decrease in cash for each company. (Enter your answers in millions.) S Bank of Montreal Scotiabank Profit for the year. $5,097 $6,853 Cash provided (used) by operating activities 50,836 56,664 Cash provided (used) by investing activities (31,974) (56,459) Cash provided (used) by financing activities (10,304) 143 (a) Calculate the increase or decrease in cash for each company. (Enter your answers in millions.) Bank of Montreal $ Scotiabank
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Financial Accounting An Introduction to Concepts, Methods and Uses
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
14th edition
978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023
