A company reports a net loss of $773 million, cash flows from operating activities of $(124) million, cash flows from investing activities of $(1,416) million, and cash flows from financing activities of $3,744 million. What is the change in cash on the balance sheet during the year

Respuesta :

Based on the cashflows from the different sections, the change in cash on the balance sheet would be $1,431 million.

What is the change in cash for the year?

This can be found as:

= Cash flows from operations + Cash from investing + Cash from financing - net loss

Solving gives:

= -124 + (-1,416) + 3,744 - 773

= $1,431 million

Find out more on changes in cash at https://brainly.com/question/27465589.

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