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Maru [420]
3 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]3 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.

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Explanation:

Leading by example means to act in a way that shows others how to act. Barry has led by example by submitting travel and expense reports that are genuine. This will inspire his employees or subodinates to do same.

Leadership is not about talking the talk, this type of leaders also walks the walk. Leaders expect others to do the right thing by leading from example.

8 0
3 years ago
Which term describes a distribution of the company’s assets back to the owners of the business?.
Sveta_85 [38]

Answer:

dividend is the correct answer.

Explanation:

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2 years ago
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Luden [163]

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Here, Sandra uses the Telling style leadership to accomplish tasks and performances.

4 0
3 years ago
Read 2 more answers
What is protectionism and why would a country base trade policy on it? Explain at least two reasons.
Anton [14]
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<span>A country should base trade policy for two reasons. 1.) It protects local businesses and jobs.  2.) It promotes fair competition on the local goods and services.</span>


3 0
3 years ago
One way of reducing the amount of interest you pay on a loan is to:
zavuch27 [327]
It’s the second one
(Send extra money each month)
Hope this helps!
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