Question: For problems 1-4 please use all information provided in the questions. These problems are all interconnected and are related to one another. Keep track of
For problems 1-4 please use all information provided in the questions. These problems are all interconnected and are related to one another. Keep track of your answers on paper, as you will not be able to move back and forth between questions to see what you previously calculated. Below is Pistol Pete's Pizza Palace's statement of cash flows. If accounts receivables increased by $75 during 2017, what is the ending balance of Cash in 2017? 264 Cash Flow Statement For the Year Ended December 31, 2017 (in Millions of dollars) Operating Activities Net Income Less Increase in Accounts Receivable Plus Increase in Accounts Payable Cash Flow from Operating Activities Investing Activities Financing Activities Total Cash Flow Beginning Cash Ending Cash 0 271 500
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