below are summary cash flow statements for three roughly equal-sized companies.
($ millions) | ||||||
A | B | C | ||||
Net cash flows from operating activities | (308) | (308) | 316 | |||
Net cash used in investing activities | (908) | (38) | (98) | |||
Net cash from financing activities | 1,280 | 226 | (248) | |||
Cash balance at beginning of year | 158 | 158 | 158 | |||
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a. Calculate each company’s cash balance at the end of the year. (Enter your answers in millions.)
Answers: 222,38,128