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Last year Aldrin Co. had negative cash flow from operation, yet its cash on the balance sheet increased. What could explain these events? Select one:
Last year Aldrin Co. had negative cash flow from operation, yet its cash on the balance sheet increased. What could explain these events? Select one: a. The company repurchased some of its common stock. b. The company had high depreciation expenses. c. The company made a large investment in new plant and equipment. d. The company sold some of its fixed assets. e. The company paid a large dividend
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