Upon review of Roepers's statement of cash flows, the following was noted: Cash flows from operating activities $ 50,000 Cash flows from investing activities 80,000 Cash flows from financing activities (130,000) From this information, the most likely explanation is that Roeper is:
A) using cash from operations and selling long-term assets to pay back debt.
B) using cash from operations and borrowing to purchase long-term assets.
C) using its profits to expand growth.
D) using cash from investors to provide for operations.
A
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Which of the following can be deduced from the provisions in the Code of Hammurabi?
a. Unethical business practices existed many thousands of years ago. b. Civilization in ancient Mesopotamia understood that slavery was unethical. c. Unethical business practices appeared with the emergence of capitalism. d. Division of labor reduced the quality of life for workers even in ancient times.
A $10,000, 6%, 60-day note is received today. Because the business is short of cash, the note is discounted with a lender immediately (same day). If the discount rate charged by the lender is also 6%, what will be the amount of the interest expense incurred on this transaction?
a. $100 b. $1 c. $10 d. $50 e. None of the above
Which of the following statements is FALSE? The Charter of Rights and Freedoms
A) applies primarily to corporate business cases B) can justify the Supreme Court striking down laws an elected government has passed C) protects people from unreasonable search and seizures D) applies to actions of the government and government agencies E) protects people from cruel and unusual punishment
A Six Sigma deployment can be deemed effective even if the number of defects are not reduced to 3.4 defects per million
Indicate whether the statement is true or false