Use the Table for the Question(s)below

question 85

Multiple Choice

Use the table for the question(s) below.
-Consider the above statement of cash flows. Which of the following is true of AOS Industries' operating cash flows?

• A)It charged more on its accounts payable than it paid back.
• B)It sold more inventory than it bought.
• C)It collected more cash from its customers than they charged.
• D)All of the above are true.

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Definitions:

Like Terms

Algebraic terms that have the same variable parts and powers.

Collect

Refers to gathering or bringing things together from multiple sources.

Like Terms

Terms in an algebraic expression that have the same variables raised to the same power, which can be combined or simplified.

Operation Indicated

The process of performing the mathematical operation (such as addition, subtraction, multiplication, or division) as specified by the given problem.