Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall

Exercise 6

Cash flows from operating, investing, and financing activities-direct method The following information is available from Bromfield Co.'s accounting records for the year ended December 31, 2016 (amounts in millions):

Required:
a. Calculate the net cash provided (used) by operating activities for Bromfield Co. for the year ended December 31, 2016.
b. Calculate the net cash provided (used) by investing activities.
c. Calculate the net cash provided (used) by financing activities.
d. Calculate the net increase (decrease) in cash for the year.