Question
2.Partial financial results are presented below for McDonald's Restaurant: Operating profit $435,000 Cash flow from: Operations 115,000 Investing 125,600 Financing (54,000) What cash management actions
2.Partial financial results are presented below for McDonald's Restaurant: Operating profit $435,000 Cash flow from: Operations 115,000 Investing 125,600 Financing (54,000) What cash management actions most likely occurred during the year? Select one: a. Hamburger Restaurant used cash from operations and from selling long-term assets to pay dividends. b. Hamburger Restaurant used cash from bank loans or from selling stock and from operations to buy long-term assets. c. Hamburger Restaurant used cash from bank loans or from selling stock to fund operations and to buy long-term assets. d. Hamburger Restaurant used cash from operations to buy long-term assets and to repay debt
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