During the last yearglobal satellitle corp generated 1053


Problem

During the last year,Global satellitle corp. generated $1053 million in cash flow from operatingactivities and had negative cash flow generated from investing activities (-$576 million).At the end of the first year, Global satellitle corp. had $180 million in cash on its balance sheet, and the firm had $330 million in cash at the end of the second year. What was the firms cash flow due to financing activities in second year?

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Accounting Basics: During the last yearglobal satellitle corp generated 1053
Reference No:- TGS02696062

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