Question

Use the following data (in millions) for Dell, Inc., for a recent year to answer the questions below:
Retained earnings, beginning of year ....... $24,744
Retained earnings, end of year ........ 28,236
Net cash flows from operating activities .... 5,527
Net decrease in cash ............ (61)
Net cash flows from financing activities .... 578
a. Determine the amount of earnings retained in Dell for the year.
b. Determine the net cash flows used for investing activities for the year.



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  • CreatedMarch 11, 2014
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