In its fiscal 2016 annual report, Nike, Inc. reported cash of $3,138 million at year end. The statement of cash flows reports the following (in millions) :
What was the balance in Nike's cash account at the start of fiscal 2016?
A) $3,096 million
B) $1,020 million
C) $3,852 million
D) $4,357 million
E) None of the above
Correct Answer:
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A)
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