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Upon review of Anti Corona's Statement of Cash Flows, the following was noted: Cash Flows from Operating Activities ($5,000) Cash Flows from Investing Activities $15,000

Upon review of Anti Corona's Statement of Cash Flows, the following was noted:

Cash Flows from Operating Activities

($5,000)

Cash Flows from Investing Activities

$15,000

Cash Flows from Financing Activities

($6,000)

From this information, the most likely explanation is that Anti Corona is

A.

using cash from operations and selling long-term assets to pay back long-term debt.

B.

issuing stock to fund operations and purchase long-term assets.

C.

using cash from operations and issuing common stock to purchase long-term assets.

D.

assuming long term-debt to fund operations and purchase long-term assets.

E.

selling long-term assets to fund operations and pay dividends.

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