Which of the following factors would explain how a companys cash

Question

Which of the following factors would explain how a company's cash balance could have increased even though the company had a negative cash flow last year?

a. The company sold a new issue of bonds.

b. The company made a large investment in a new plant and equipment.

c. The company paid a large dividend.

d. The company had high depreciation expenses.

e. The company repurchased 20% of its common stock.

Answer

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