if a firm has a lot of net Cash flow, does that mean the firm's balance sheet cash account must be high?
three categories of activities(operating, investing, and financing) generate or use the cash flow in company. In the following table, identify which type of activity is described by each statement.
Operating activity Investing activity Financing activity
A pharmaceutical company bags marketing rights to sell a drug exclusively in East Asian market.
Fitzi chemical company earns revenue from its cash receipts from royalties.
A company records a decrease in its total raw materials investing from the previous year.
The Yum chain of restaurants conducts an initial public offering to rain funds for expansion.
Globo-Chen company reported net sales of 600 million last year and generated a net income of 132.0 million last year's accounts receivable increased by 17 million. What is the maximum amount of cash that Globo-Chen company received from sales last year?