During the last year,Global satellitle corp. generated $1053 million in cash flow from operatingactivities and...
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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.whatw was the firms cash flow due to financing activities in second year?
1) $408.75 million
2) $245.25 million
3) -$327.00 million
4)-$163.50 million
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