Positive cash flow from operation

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Last year, Blanda Brothers had positive cash flow from operation; however, cash on its balance sheet decreased. Which of the following could explain this?

a) The company issued new common stock. b) The company issued new long-term debt. c) The company sold off some of its assets. d) The company purchased a lot of new fixed assets. e) The company eliminated its dividend.

Reference no: EM131022032

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