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Last year, accounts payable was $49,000. This year accounts payable is $9,000. Which of the following statements about the statement of cash flow is correct?
Last year, accounts payable was $49,000. This year accounts payable is $9,000. Which of the following statements about the statement of cash flow is correct? Select one: a. Cash has decreased by $40,000 from operating activities b. Cash has increased by $9,000 from financing activities c. Cash has increased by $40,000 from operating activities d. Cash has decreased by $40,000 from financing activities
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