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Upon review of Roepers's statement of cash flows, the following was noted: Cash flows from operating activities $30 000 Cash flows from investing activities 80
Upon review of Roepers's statement of cash flows, the following was noted:
Cash flows from operating activities $30 000
Cash flows from investing activities 80 000
Cash flows from financing activities (130 000)
From this information, the most likely explanation is that Roeper is using:
profits to expand growth | ||
cash from operations and selling non-current assets to pay back debt | ||
cash from operations and borrowing to purchase non-current assets | ||
cash from investors to provide for operations |
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