Use the Table for the Question(s) Below $\text { AOS Industries Statement of Cash Flows for } 2012$

question 9

Multiple Choice

Use the table for the question(s) below.
$\text { AOS Industries Statement of Cash Flows for } 2012$
$\begin{array}{l}\text { Operating activities }\\\text { Net Income } & 3.2 \\\text { Depreciation and amortisation } & 1.4 \\\text { Cash effect of changes in } & \\\text { Accounts receivable } & 2.1 \\\text { Accounts payable } & 1.1 \\\text { Inventory } & 0.8 \\\text { Cash from operating activities } & 2.8 \\\hline\\\text { Investment activities }\\\text { Capital expenditures } & 2.2 \\\text { Acquisitions and other investing activity } & -0.4 \\\text { h from investing activities } & 2.6\\\hline\\\text { Financing activities }\\\text { Dividends paid } & -1.5 \\\text { Sale or purchase of stock } & 2.1 \\\text { Increase in short-term borrowing } & 1.4 \\\text { Increase in long-term borrowing } & 3.2 \\\text { Cash from financing activities } & 5.2 \\\hline \text { Change in Cash and Cash Equivalents } & \mathbf{5 . 4}\end{array}$
-Consider the above statement of cash flows. What were AOS Industries' major means of raising money in 2012?

• A) by sale of stock
• B) from its operations
• C) by issuing debt
• D) from investment activities

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