Are all increases to cash from financing activities the result of a favorable situation?
A) Yes, an increase to cash is always good.
B) No, cash could increase in this category as a result of replacing long-term assets.
C) Yes, this increase would reflect the results of the company's daily activities.
D) No, an increase in long-term debt might be the result of an unfavorable situation.
Correct Answer:
Verified
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