How much cash did the company consume

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Question - The cash flow statement of Le Bernerhof SA showed, for year x2, CFO = €5,500 and CFI = -€10,200. The beginning and ending balances of the cash account in year x2's balance sheet were €7,900 and €3,200, respectively. How much cash did the company generate/consume in its financing activities?

a. -€9,400

b. -€4,700

c. €0

d. Cannot be calculated

Reference no: EM132718094

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