Which of the Following Could Account for a Firm That

question 31

Multiple Choice

Which of the following could account for a firm that has a negative net income,yet has a positive amount of cash provided by operations?

• A) The net loss was greater than the amount of depreciation expense.
• B) Inventory increased significantly more than accounts payable.
• C) Accounts receivable decreased by significantly more than accounts payable.
• D) The cash balance increased significantly.