Analysts who follow Howe Industries recently noted that, relative to the previous year, the company's operating net cash flow increased, yet cash as reported on the balance sheet decreased. Which of the following factors could explain this situation?

Choix de groupe de rponses

The company cut its dividend

The company made a large investment in a profitable new plant

The company sold a division and received cash in return

The company issued new common stock

The company issued new long-term debt