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.

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Definitions:

Imports

Goods and services purchased from other countries to be sold or used domestically.