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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 ($19,000) From this information, the most likely explanation is that Anti Corona is O A. using cash from operations to purchase long-term assets and pay dividends. 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. using cash from operations and selling long-term assets to pay back long-term debt. E. assuming long term-debt to fund operations and purchase long-term assets
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