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Problem:

A firm reported ($ in millions) net cash inflows (outflows) as follows: operating $69, investing ($205), and financing $352. The beginning cash balance was $255.

Required:

Question: What was the ending cash balance?

Note: Please provide through step by step calculations.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91165643

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