Upon Review of a Statement of Cash Flows, the Following

question 69

Multiple Choice

Upon review of a statement of cash flows, the following was noted: From this information, it is likely that the company 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.