Last Year Besset Company's Operations Provided a Negative Cash Flow,yet

question 2

Multiple Choice

Last year Besset Company's operations provided a negative cash flow,yet the cash shown on its balance sheet increased.Which of the following statements could explain the increase in cash,assuming the company's financial statements were prepared under generally accepted accounting principles (GAAP) ?

• A) The company repurchased some of its common stock.
• B) The company dramatically increased its capital expenditures.
• C) The company retired a large amount of its long-term debt.
• D) The company sold some of its fixed assets.
• E) The company had high depreciation expenses.

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Definitions:

Management Decisions

Actions or resolutions made by the management team of an organization regarding its operation, strategy, and the welfare of its employees.

General Unionism

A labor union strategy that seeks to represent workers from a broad range of industries rather than focusing on a specific occupation or sector.

Craft Unionism

A type of labor union organizing strategy focusing on workers who practice a specific trade or craft, aiming to protect their interests and maintain high standards in their profession.

Industrial Unionism

A labor movement strategy where all workers in the same industry are organized into the same union, regardless of their specific trade or profession.