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Use the table for the question(s) below. AOS Industries Statement of Cash Flows for 2008 3.2 1.4 2.1 0.8 8.6 Operating activities Net Income Depreciation

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Use the table for the question(s) below. AOS Industries Statement of Cash Flows for 2008 3.2 1.4 2.1 0.8 8.6 Operating activities Net Income Depreciation and amortization Cash effect of changes in Accounts receivable Accounts payable Inventory Cash from operating activities Investment activities Capital expenditures Acquisitions and other investing activity Cash from investing activities Financing activities Dividends paid Sale or purchase of stock Increase in short-term borrowing Increase in long-term borrowing Cash from financing activities Change in Cash and Cash Equivalents -2.2 -0.4 -2.6 -1.5 2.1 1.4 3.2 5.2 11.2 Consider the above statement of cash flows. Which of the following is true of AOS Industries' operating cash flows? A. It collected more cash from its customers than they charged. B. It sold more inventory than it bought. OC. It charged more on its accounts payable back than it paid back. O D. All of the above are true

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