Upon review of dale\'s statement of cash flows, the following was noted: Cash fl

Question

Upon review of dale's statement of cash flows, the following was noted:

Cash flows from operating activities $75,000
Cash flows from investing activities (135,000)
Cash flows from financing activities $125,000

From this information, the most likely explanation is that dale is

a. using cash from operations and selling long-term assets to pay back debt
b. using cash from operations and borrowing to purchases long-term assets.
c. using its profits to expand growth.
d. using cash from investors to provide for operations.

Explanation / Answer

d. using cash from investors to provide for operations.

Related Questions

Navigate

• Browse (All)
• Browse U
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.