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A statement of cash flows reflects a net cash flow from operating activities of -$89 million, a net cash flow from investing activities of $42 million, and a net cash flow from financing activities of $28 million. What can you determine from this information

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Zviko

Answer:

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

Explanation:

Movement of Cash during the year :

Net cash flow from operating activities  -$89 million

Net cash flow from investing activities     $42 million

Net cash flow from financing activities     $28 million

Movement during the year                        -$19 million

Conclusion,

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

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