If a Firm's Statement of Cash Flows Shows That Cash

question 99

Multiple Choice

If a firm's statement of cash flows shows that cash was used for investments,which of the following would seem most likely?

• A) The inventory balance increased.
• B) Common stock was repurchased.
• C) New machines were acquired.
• D) Cash dividends were paid.

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Definitions:

Group Performance

The collective output or results achieved by a group working together on a task or project.

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