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Upon reviewing Mack's Truck Stop's statement of cash flows, the following was noted: Cash flows from operating activities $15,000 Cash flows from investing activities $70,000

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Upon reviewing Mack's Truck Stop's statement of cash flows, the following was noted: Cash flows from operating activities $15,000 Cash flows from investing activities $70,000 Cash flows from financing activities ($50,000) From this information, which of the following reflects the company's activities? The company is using its profits to expand growth The company is using cash from operations and borrowing to purchase long- term assets The company is using cash from operations and selling long-term assets to pay back debt The company is using cash from investors to provide for operations

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