Question: The following information was taken from the 2008 annual report-statements of cash flows-of Goodrich Corporations, a major company in the aerospace and defense industry (dollars

The following information was taken from the 2008 annual report-statements of cash flows-of Goodrich Corporations, a major company in the aerospace and defense industry (dollars in millions).

REQUIRED:What does this pattern of cash flows indicate about Goodrich??s business strategy, performance, and cash balances from 2006 to2008?

Cash from Investing (250.6) (279 3) (410.0) Cash from Financing (90.4) (202.5) (414.4) Cash from Operations 265.5 Year 2006 2007 2008 593.7 786.6

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