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In its fiscal 2016 balance sheet, Airways Corporation, reported cash of $443 million at year-end. The...

In its fiscal 2016 balance sheet, Airways Corporation, reported cash of $443 million at year-end. The statement of cash flows reports that cash increased by $115 million during the year and that net cash flow from operating activities was $1,632 million.

What was the cash flow from investing activities during the year?

A.

$533 million cash outflow
B.

$715 million cash inflow
C.

$533 million cash inflow
D.

$715 million cash outflow
E.

There is not enough information to determine the amount.

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jeff jeffy answered 1 year ago
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