Use the Table for the Question(s) Below

question 41

Multiple Choice

Use the table for the question(s) below.
AOS Industries Statement of Cash Flows for 2015

-Consider the above statement of cash flows.Which of the following is true of AOS Industries' operating cash flows?

• A) It collected more cash from its customers than they charged.
• B) It sold more inventory than it bought.
• C) It charged more on its accounts payable than it paid back.
• D) It charged less on its accounts payable than it paid back.
• E) It used $1.4 million of its cash on depreciation and amortization.

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Definitions:

Germinal Period

Also referred to as the period of the zygote; refers to the first 2 weeks after conception.

Zygote

The initial cell formed when a new organism is produced by the joining of a male sperm and a female ovum.

Blastocyst

An early stage embryo consisting of a sphere of cells surrounding a fluid-filled cavity and a cluster of cells inside known as the inner cell mass, which eventually develops into the fetus.

Fetus

A developing mammal or human from the end of the embryonic stage (usually from nine weeks after fertilization) to birth.