Upon Review of Bert's Statement of Cash Flows, the Following

question 62

Multiple Choice

Upon review of Bert's statement of cash flows, the following was noted: From this information, the most likely explanation is that Bert is:

• A) using cash from operations and selling long-term assets to pay back debt.
• B) using cash from operations and borrowings to purchase long-term assets.
• C) using its profits to pay back debt.
• D) using cash from investors to provide for operations.

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