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Last year Aldrin Co. had negative cash flow from operation, yet its cash on the balance sheet increased. What could NOT explain these events? Select
Last year Aldrin Co. had negative cash flow from operation, yet its cash on the balance sheet increased. What could NOT explain these events? Select one: a. The company sold some of it's fixed assets. b. The company repurchased new common stocks. c. The company issued long-term debt. d. The company had high depreciation expenses. e. The company eliminated its dividend
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