Essay
Given the following balance sheets for Joshua Trucking answer the next five questions. Joshua Trucking's net income was $12 million. It paid out $10 million in dividends. All numbers are in millions.
1. What is Joshua Trucking's cash flow from operations?
2. What is Joshua Trucking's cash flow from investing activities?
3. What is Joshua Trucking's cash flow from financing activities?
4. What is Joshua Trucking's net cash flow?
5. What is Joshua Trucking's return on equity?
Correct Answer:

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