Question

Below are summary cash flow statements for three roughly equal-sized companies. ($ millions) A B C...

Below are summary cash flow statements for three roughly equal-sized companies.

($ millions)
A B C
Net cash flows from operating activities (310) (310) 320
Net cash used in investing activities (910) (40) (100)
Net cash from financing activities 1,300 230 (250)
Cash balance at beginning of year 160 160 160

Calculate each company’s cash balance at the end of the year.

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