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What is the net increase in cash and equivalents for year

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Reference no: EM133106317

Question - The following information is available for John, Inc. for the year 2017:

(in million)

Cash receipts from operating activities $670

Cash payments from operating activities $210

Net cash used by investing $180

Net cash provided by financing $650

Net increase in cash and equivalents ?

Cash and equivalents at start of year $470

Cash and equivalents at year-end ?

Required - What is the net increase in cash and equivalents for the year?

Reference no: EM133106317

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