During the last year globo-chem co generated 1170 million


During the last year, Globo-Chem Co. generated $1170 million in cash flow from operating activities, and had negative cash flow generated from investing activities (-$640 million). At the end of the second year, Globo Chem Co. had $200 million in cash on its balance sheet, and the firm had $380 million in cash at the end of the second year. What was the firm’s cash flow (CF) due to financing activities in the second year?

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Financial Management: During the last year globo-chem co generated 1170 million
Reference No:- TGS01128058

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