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ThislsMyCo Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to
ThislsMyCo 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. Cash flow from financing activities has been fairly steady, and slightly negative, throughout this period. Which of the following transactions can cause financing cash flow to be negative? A. purchase of long-lived assets B. increased depreciation expense C. disposal of long-lived assets D. paying down a bank loan E. a higher income tax rate A
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