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MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to
MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. REQUIRED The questions that follow relate to the cash flow statements above. Cash flow from financing activities has gone from positive to negative over the years. Which of the following transactions can cause financing cash flow to decrease? A. purchase of long-lived assets B. paying down a bank loan C. disposal of long-lived assets D. increased depreciation expense E. a higher income tax rate
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