Which of the following statements is more likely if cash and marketable securities increase by $5,000 during a period in which cash provided by operations increases by $1,000 and cash used by investments decreases by $500?
A) Cash provided by financing increases by $3,500
B) Cash used by financing decreases by $1,000
C) Debt increased by more than cash dividends paid
D) Debt was reduced by more than cash dividends paid
Correct Answer:
Verified
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