Reference no: EM131215764
Upon review of Make Your? Mark, Inc.’s Statement of Cash? Flows, the following was? noted:
Cash Flows from Operating Activities? ($15,000)
Cash Flows from Investing Activities? ($10,000)
Cash Flows from Financing Activities? $60,000
From this? information, the most likely explanation is that Make Your Mark is...
A. using cash from operations to repay long term debt and purchase long term assets.
B. selling long term assets to fund operations and pay dividends to shareholders.
C. assuming long term debt to fund operations and purchase long term assets.
D. buying back treasury stock to fund operations and purchase long term assets.
E. using cash from operations and issuing common stock to purchase long term assets.
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