1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maru [420]
2 years ago
6

In its fiscal 2016 balance sheet, JetBlue 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) There is not enough information to determine the amount.
Business
1 answer:
Lapatulllka [165]2 years ago
5 0

Answer:

The correct option is (D)

Explanation:

Cash flow statement comprises cash outflow or inflow from operating activities, investing activities and financing activities. increase in cash represents that inflow from these activities were more than outflows.

Beginning cash balance plus increase in cash gives closing cash balance. With closing balance and increase in cash, beginning balance can be computed. But, cash flow from investing activities cannot be computed as cash flow from financing activities is not given. There are two unknown variables.

Cash flow from operating activities and increase in cash will not help in computing cash flow from investing activities

Therefore, information provided is not sufficient to compute cash flow from investing activities.

You might be interested in
Which of the following is NOT a valid principle of bottleneck​ management?
Gekata [30.6K]

Answer: Option (B)

Explanation:

In project and production management,  bottleneck is referred to as one of the process under chain of processes, so that reduced limited capacity tends to reduce capacity of whole chain. The result or outcome of having the bottleneck is the stalls in supply overstock, production, pressure from consumers and also the low employee morale.

8 0
2 years ago
You are going to by a computer but first you want to do some research to help you select the best model for your needs where sho
Zielflug [23.3K]

An independent consumer education website that has no motive to try to sell you something such as Consumer Reports.

5 0
3 years ago
A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of sha
slava [35]

Answer:

Option C

Number of shares outstanding after split = 150,000 units

Explanation:

<em>A stock split occurs where a company creates additional shares in units such the total nominal value of the outstanding shares remains the same. With a stock split, the total outstanding shares increases without a change in the total nominal value while the nominal value per share reduces.</em>

Total shares before the split = 50,000

Total outstanding shares after split

= 50,000 × 3 = 150,000

Number of shares outstanding after split = 150,000 units

5 0
2 years ago
What seems to be the overall result of government laws on wages?
victus00 [196]
The government laws on wages will safeguard the employees against employers who tend to be paying the least amount they could give. These also enhances the benefits that the employees are getting through pensions, health cards, etc. With the reinforcement of the law, many employees will be given the amount that is due the service that they are providing their employers. 
7 0
3 years ago
PLEASE HELP!! ILL GIVE 10 POINTS AND BRAINLIEST
marissa [1.9K]

Answer: A person with passion typically exudes confidence, and confidence creates value for themselves and others by leading the way, not showing the way.

Professionals who are confident are great leaders and earn the respect and confidence of others. Passion creates excitement.

5 0
3 years ago
Other questions:
  • What was the spot exchange rate of Canadian dollars for U.S. dollars (USD/CAD) on July 15, 2016? (Round your answer to 4 decimal
    6·1 answer
  • Which of the following is a primary market transaction?
    13·1 answer
  • What are the four steps of a home inspector
    8·1 answer
  • On June ​1, High Performance Cell Phones sold 19,000 of merchandise to Anthony Trucking Company on account. Anthony fell on hard
    8·1 answer
  • 1. Explain the meaning of Newton's Law of<br>Gravitation.​
    15·1 answer
  • Many cutomers feel neglected once they place an order with a company because the saleperson has many new customers and is not as
    8·1 answer
  • Item Prior year Current year Accounts payable 8,120.00 7,915.00 Accounts receivable 6,002.00 6,603.00 Accruals 1,020.00 1,571.00
    7·1 answer
  • Explain vakency with suitable example ​
    15·1 answer
  • Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Direc
    15·1 answer
  • What is the main difference between renting and leasing?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!