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A firm experiences an increase in its cash balances in the statement of cash flows in a period when it has negative cash flows from

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A firm experiences an increase in its cash balances in the statement of cash flows in a period when it has negative cash flows from both operations and financing. Which of the following would explain this observation? Multiple Choice The firm has low depreciation expense. The firm did not pay any dividends. The firm sold more equipment it purchased. The firm has a low interest rate on its debt

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