Partial financial results are presented below for Frankfurt Enterprises:

Operating profit	$217,500
Cash flow from:
Operations	57,500
Investing	62,800
Financing	(27,000	)

What cash management actions most likely occurred during the year?

Select one:

A. Frankfurt Enterprises used cash from bank loans or from selling stock to fund operations and to buy long-term assets.

B. Frankfurt Enterprises used cash from operations to buy long-term assets and to repay debt.

C. Frankfurt Enterprises used cash from operations and from selling long-term assets to pay dividends.

D. Frankfurt Enterprises used cash from bank loans or from selling stock and from operations to buy long-term assets.