Homework Answers
7). Change in Cash = Ending Cash Balance - Beginning Cash Balance
= $21 million - $28 million = -$7 million
Change in Cash = Cash Flow from Operating Activities + Cash Flow from Investing Activities + Cash Flow from Financing Activities
-$7 million = $72 million + (-$36 million) + Cash Flow from Financing Activities
-$7 million = $36 million + Cash Flow from Financing Activities
Cash Flow from Financing Activities = -$7 million - $36 million = -$43 million
8). NFA = Ending NFA - Opening NFA + Depreciation Expense
= $65,107 million - $49,242 million + $7,476 million = $23,341 million
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