Afirm reported ($ in millions) net cash inflows (outflows) as follows: operating $65, investing ($198), and financing $358. the beginning cash balance was $257. what was the ending cash balance

$482

Explanation:

The ending cash balance of the firm can be calculated using the below formula:

Ending cash balance=Opening cash balance+operating cash flow+investing cash flow+financing cash flow.

In this question:

Opening cash balance=257

Operating cash flow=65

Investing cash flow=(198)

Financing cash flow=358

Ending cash balance=257+65+(198)+358=$482