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

question 21

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 borrowing to purchase long-term assets.
• C) using its profits to expand growth.
• D) using cash from investors to provide for operations.