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7. Last year Aldrin Co. had negative net cash ow, yet its cash on the balance sheet increased. What could explain these events? a. Aldrin

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7. Last year Aldrin Co. had negative net cash ow, yet its cash on the balance sheet increased. What could explain these events? a. Aldrin issued long-term debt. b. Aldrin repurchased some of its common stock. c. Aldrin sold some of its assets. (1. Statements a and b are correct. e. Statements a and c are correct

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