Net Income, Retained Earnings, and Dividends
The following data (in millions) are provided for Twitter, Inc. (TWTR), for a recent year:
Retained earnings, beginning of year
$21,590
Retained earnings, end of year
24,760
Net cash flows from (used for) operating activities
3,810
Net increase (decrease) in cash
3,150
Net cash flows from (used for) investing activities
570
Enter negative values beginning with a minus sign.
a. Determine Twitter's net income for the year, assuming no dividends were paid during the year.
million
b. Determine the net cash flows from (used for) financing activities for the year.
million