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during the last year, globo-chem co. generated $1,170 million in cash flow from operating activities and had negative cash flow generated from investing activities (-$640 million). at the end of the first year, globo-chem co. had $200 million in cash on its balance sheet, and the firm had $330 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?

Respuesta :

The firm’s cash flow due to financing activities in the second year is  −$350 million

A coins glide is a real or virtual motion of cash flow a coins drift in its slim experience is a charge, particularly from one principal bank account to any other; the term cash  itwaft is primarily used to describe.

cash flow is the motion of money inside and out of an employer. cash acquired signifies inflows, and cash spent indicates outflows. The coins drift statement is an economic announcement that reports on an employer's resources and usage of cash over some time.

Cash flow from operating activities (CFOA) = $1,170 million

Cash flow from investing activities (CFIA) = (-$640 million)

Cash in the balance sheet = $200 million

Cash at the end of the second year = $380 million

Cash at the end of the second year = Cash in the balance sheet + CFOA + CFIA + CFFA

$380 million = $200 million + $1,170 million − $640 million + CFFA

CFFA = −$350 million

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