Question: Item 1 Below are summary cash flow statements for three roughly equal-sized companies. ($ millions) A B C Net cash flows from operating activities (302

Item 1

Below are summary cash flow statements for three roughly equal-sized companies.

($ millions)

A

B

C

Net cash flows from operating activities

(302

)

(302

)

304

Net cash used in investing activities

(902

)

(32

)

(92

)

Net cash from financing activities

1,220

214

(242

)

Cash balance at beginning of year

152

152

152

a. Calculate each companys cash balance at the end of the year. (Enter your answers in

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