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Statement of Cash Flows for 2019 Time left 1:18:10 3.2 1.4 Operating activities Net Income Depreciation and amortization Cash effect of changes in Accounts receivable
Statement of Cash Flows for 2019 Time left 1:18:10 3.2 1.4 Operating activities Net Income Depreciation and amortization Cash effect of changes in Accounts receivable Accounts payable Inventory Cash from operating activities -2.1 1.1 -0.8 2.8 2.2 Investment activities Capital expenditures Acquisitions and other investing activity Cash from investing activities -0.4 2.6 Financing activities Dividends paid -1.5 Sale or purchase of stock 2.1 Increase in short-term borrowing 1.4 Increase in long-term borrowing 3.2 Cash from financing activities 5.2 Change in Cash and Cash Equivalents 5.4 Consider the above statement of cash flows. If all amounts shown above are in millions of dollars, what was change in retained earnings for 2019? Select one: a. $5.4 Million Ob $1.7 Million OC. $1.3 Million Od $3.2 Million e. $2.1 Million
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