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The following information concerns questions 1 -4. A corporation's net earnings for the year 2020 were $7.3 million and its depre- ciation expense was $1.9
The following information concerns questions 1 -4. A corporation's net earnings for the year 2020 were $7.3 million and its depre- ciation expense was $1.9 million. Working capital increased $2.6 million and $3.5 5 million was spent on new equipment. The company issued $1.5 million of new debt, raised no new equity and paid $0.6 million in interest and $2 million in dividends. Given the above information, what is the corporation's cash flow from operating activities? 1. A. $6.6. B. $4.2. C. $7.6. D. $5.2 TY 1 million was spent on new equipment. The company issued $1.5 million of new debt, raised no new equity and paid $0.6 million in interest and $2 million in dividends. 1. Given the above information, what is the corporation's cash flow from operating activities? A. $6.6. B. $4.2. C. $7.6. D. $5.2. E. None of the above. 2. Given the above information, what is the firm's cash flow from investing activities? A. $3.5. B. $2.5. C. $4.6. D. $4.1. E. None of the above. 3. Given the above information, what is the firm's cash flow from assets? A. 85.5. B. $4.5. C. 84.7 D. $3.1. E. None of the above. Given the above information, what is the firm's cash flow from financing activities? A $1.5. B. $1.1. C. $2.7. 4. Given the above information, what is the firm's cash flow from financing activities? A. $1.5. B. $1.1. C. $2.7. D. $3.2. E. None of the above
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