Upon review of Roepers's statement of cash flows, the following was noted: 
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.
Correct Answer:
Verified
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A) treasury bills.
B) equity investments.
C)
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