Mulligan Inc. reported cash from operating activities of $7 million, negative $11 million from investing activities and $2.2 million from financing activities.   What was the net change in cash?

A) ​Negative $20.2 million
B) ​Negative $1.8 million
C) ​$20.2 million
D) ​$1.8 million

To calculate the net change in cash, we need to add up the cash flows from all three activities:

Cash from Operating Activities = $7 million
Cash from Investing Activities = -$11 million
Cash from Financing Activities = $2.2 million

Net Change in Cash = Operating Cash Flow + Investing Cash Flow + Financing Cash Flow
Net Change in Cash = $7 million + (-$11 million) + $2.2 million
Net Change in Cash = -$1.8 million

Therefore, the net change in cash is negative $1.8 million. Option B is the correct answer.