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The following information is available from Bromfield Co's accounting records for the year ended December 31, 2019 (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, 2019 (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 $ 322 79 1,340 210 161 788 320 61 Required: a. Calculate the net cash provided (used) by operating activities for Bromfield Co. for the year ended December 31, 2019. 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. (For all requirements, enter your answer in millions. (1.e., 5,000,000 should be entered as 5)) a b Net cash Net cash Net cash Net provided used used increase by for operating activities by for investing activities by for financing activities in cash for the year million million million million c. d
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