Business, 18.02.2020 20:25 Inrimid3619
During the last year, Exeter Enterprise Inc. generated $702.00 million in cash flow from operating activities and had negative cash flow generated from investing activities (-384.00 million). At the end of the first year, Exeter Enterprise Inc. had $120 million in cash on its balance sheet, and the firm had $305 million in cash at the end of the second year.
What was the firm’s cash flow (CF) due to financing activities in the second year?
a.) -$254.00 million
b.) -$127.00 million
c.) $317.50 million
d.) $190.50 million
Answers: 1
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