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The following information is available from Bromfield Co.'s accounting records for the year ended December 31, 2016 (amounts in millions): Cash dividends declared and paid
The following information is available from Bromfield Co.'s accounting records for the year ended December 31, 2016 (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 $ 317 102 1,340 218 158 791 309 58 Required: a. Calculate the net cash provided (used) by operating activities for Bromfield Co. for the year ended December 31, 2016. (Enter your answer in millions. (i.e., 5,000,000 should be entered as 5)) Net cash by/for operating activities million b. Calculate the net cash provided (used) by investing activities.(Enter your answer in millions. (i.e., 5,000,000 should be entered as 5)) Net cash by/for investing activities million C. Calculate the net cash provided (used) by financing activities. (Enter your answer in millions. (i.e., 5,000,000 should be entered as 5)) Net cash by/for financing activities million d. Calculate the net increase (decrease) in cash for the year. (Enter your answer in millions. (.e., 5,000,000 should be entered as 5)) Net in cash for the year million
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