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 second year, Globo-Chem Co. had $200 million in cash on its balance sheet, and the firm had $380 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?

Answer rating: 100% (QA)

Cash flow from operating activities 1170 million Cash flow from ... View the full answer