Question
The balance sheet of Goal Corporation, a U.S. retailer, showed a balance in cash of $2,500 million on February 2, 2021 and a balance in
The balance sheet of Goal Corporation, a U.S. retailer, showed a balance in cash of $2,500 million on February 2, 2021 and a balance in cash of $1,600 million on February 3, 2020. Fiscal year 2020 for Goal Corporation ended on February 2, 2021. The statement of cash flows for Goal Corporation for fiscal year 2020 showed cash outflow from operations of $5,100 million and cash inflow from investing of $2,200 million. What is the cash flow from financing activities in fiscal year 2020?
Select one:
A. Inflow of $1,600 million
B. Outflow of $2,000 million
C. Inflow of $3,800 million
D. Inflow of $2,000 million
E. Outflow of $3,800 million
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