Several analysts use net cash flow that is calculated by subtracting noncash revenues from the net income and adding back noncash expenses. Ifa firm has a lot of net cash flow, does that mean the firm's balance sheet cash account must be high? Yes o No Three categories of activities (operating, Investing, and financing) generate or use the cash flow in a company. In the following table, identify which type of activity is described by each statement. Operating Activity Investing Activity Financing Activity Digitnk Printing Co. buys new machinery to ramp up its production capacity. Ruth Enterprises distributes a holiday bonus to all its employees. A company records a loss of $70,000 on the sale of its outdated Inventory olo o ololo The Yum chain of restaurants conducts an initial public offering to raise funds for expansion. Exeter Enterprise Inc. reported net sales of $250 million last year and generated a net income of $55 million. Last year's accounts receivable increased by $35 million. What is the maximum amount of cash that Exeter Enterprise Inc. received from sales last year? $90 million $215 million $161 million $108 million