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The following information is available from Bromfield Company's accounting records for the year ended December 31, 2022 (amounts in millions): Cash dividends declared and
The following information is available from Bromfield Company's accounting records for the year ended December 31, 2022 (amounts in millions): Cash dividends declared and paid Interest and taxes paid Collections from customers Payment of long-term debt Purchase of land and buildings Cash paid to suppliers and employees Issuance of preferred stock Proceeds from the sale of equipment Required: $ 335 107 1,329 201 168 824 307 60 a. Calculate the net cash provided (used) by operating activities for Bromfield Company for the year ended December 31, 2022. b. Calculate the net cash provided (used) by investing activities. c. Calculate the net cash provided (used) by financing activities. d. Calculate the net increase (decrease) in cash for the year. Note: For all requirements, enter your answer in millions. (i.e., 5,000,000 should be entered as 5). Negative amounts should be indicated by a minus sign. a. Net cash provided by/for operating activities million b. Net cash used by/for investing activities million c. Net cash used by/for financing activities million d. Net increase in cash for the year million
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