Last Year Molex's Net Cash Provided by Operating Activities Was

Multiple Choice

Last year Molex's net cash provided by operating activities was $14.1 million, and its net cash used by investing activities was $20.7 million. If net cash provided by financing activities was $9.8 million, what was the net increase (or decrease) in cash and cash equivalents during the year? Molex started the year with $2.1 million in cash.

A) $44.6 million
B) $3.2 million
C) $25.0 million
D) $5.3 million