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Last year, Blanda Brothers had positive cash flow from operation; however, cash on its balance sheet decreased. Which of the following could explain this? Select
Last year, Blanda Brothers had positive cash flow from operation; however, cash on its balance sheet decreased. Which of the following could explain this? Select one: O a. The company sold some of its assets. b. The company issued new common stock. c. The company eliminated its dividend. d. The company sold a lot of new fixed assets. O e. The company paid off some of its long-term debts. At the end of 2017, Lehnhoff Inc. had $75 million in cash. During 2018, the following events occurred: Cash flow from Lehnhoff's operating activities totaled $325 million. Lehnhoff issued $500 million in common stock. Lehnhoff's notes payable decreased by $200 million. Lehnhoff purchased fixed assets totaling $600 million. How much cash did Lehnhoff Inc. have at the end of 2018? Select one: O a. $ 100 million b. $ 50 million. c. $ 400 million d. $1,400 million e. $ 200 million
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