The statement of cash flows for Edenor S.A., a leading electric utility in Argentina, for the year
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The statement of cash flows for Edenor S.A., a leading electric utility in Argentina, for the year ended December 31, 2007, showed a net cash inflow from operations of Ps427,182 and a net cash outflow for financing of Ps21,806. The comparative balance sheets showed a balance in cash of Ps32,673 at December 31, 2006, and Ps101,198 at December 31, 2007. Edenor reports all amounts in millions of pesos (Ps). Compute the net amount of cash provided or used by Edenor’ investing activities for 2007.
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Edeneor SA cash flow relations Amounts in Millions Cash at Cash Flow Cash Flow Ca...View the full answer
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Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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