Quiz Ch 03 – Drawing Inferences from a Statement of Cash Flows

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When a firm's statement of cash flows displays an increase in cash balances and negative cash flows from both operations and financing, what is the most likely inference?

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  • Search Terms: a) a an and any balances both cash conclusion debt. depreciation did dividends. c) equipment expense. b) financing? firm flows for from has in increase interest is it its likely low more most negative not of on operations pay purchased. d) rate shows sold statement than the what whose
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