In its fiscal 2016 balance sheet, JetBlue Airways Corporation, reported cash of $443 million at year-end. The statement of cash flows reports that cash increased by $115 million during the year and that net cash flow from operating activities was $1,632 million.
What was the cash flow from investing activities during the year?
A) $533 million cash outflow
B) $715 million cash inflow
C) $533 million cash inflow
D) $715 million cash outflow
E) There is not enough information to determine the amount.
Correct Answer:
Verified
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