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During the last year, Len Corp. generated $1,170.00 million in cash flow from operating activities and...

During the last year, Len Corp. generated $1,170.00 million in cash flow from operating activities and had negative cash flow generated from investing activities (-640.00 million). At the end of the first year, Len Corp. had $200 million in cash on its balance sheet, and the firm had $280 million in cash at the end of the second year. What was the firm’s cash flow (CF) due to financing activities in the second year?

$337.50 million

$562.50 million

$-225.00 million

$-450.00 million

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Calculation of cash flow from financing activities in second year is shown below

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