According to the Statement of Cash Flows, Cash Flows from Financing

question 55

Multiple Choice

According to the statement of cash flows, cash flows from financing could be positive if:

• A)The firm repaid more debt than it added
• B)The firm added more debt than it repaid
• C)Interest rates were low on outstanding debt
• D)The firm sold portions of its plant and equipment

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Definitions:

Customization

Making products to meet a particular customer’s needs or wants.