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The following information is available for Metlock, Inc. for the year 2022: (in million) Cash receipts from operating activities $700 Cash payments from operating activities
The following information is available for Metlock, Inc. for the year 2022: (in million) Cash receipts from operating activities $700 Cash payments from operating activities $220 Net cash used by investing $190 Net cash provided by financing $680 Net increase in cash and equivalents ? Cash and equivalents at start of year $500 Cash and equivalents at year-end ? What is the net increase in cash and equivalents for the year?
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