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Why delta energy had a negative cash flow last year

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Reference no: EM132950038

Problem 1. Which of the following factors could explain why Delta energy had a negative cash flow last year even though the cash on its balance sheet increased?

A. The company paid a large dividend
B. The company sold a new issue of bonds
C. The company had high amortization expenses
D. The company made a large investment in new plant and equipment
E. The company purchased 20% of its common stock

Reference no: EM132950038

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