Question
What is the most likely conclusion for a firm whose statement of cash flows shows an increase in cash balances and has negative cash flows
What is the most likely conclusion for a firm whose statement of cash flows shows an increase in cash balances and has negative cash flows from both operations and financing?
the firm has a low interest rate on its debt.
the firm sold more equipment than it purchased.
the firm has low depreciation expense.
the firm did not pay any dividends.
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Personal Finance
Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes
2nd Edition
0256079056, 9780256079050
