Use the table for the question(s)below.
AOS Industries Statement of Cash Flows for 2008
-Consider the above statement of cash flows.Which of the following is true of AOS Industries' operating cash flows?
A)It collected more cash from its customers than they charged.
B)It sold more inventory than it bought.
C)It charged more on its accounts payable back than it paid back.
D)All of the above are true.

Question

Use the table for the question(s)below.
AOS Industries Statement of Cash Flows for 2008 
-Consider the above statement of cash flows.Which of the following is true of AOS Industries' operating cash flows?
A)It collected more cash from its customers than they charged. 
B)It sold more inventory than it bought. 
C)It charged more on its accounts payable back than it paid back. 
D)All of the above are true.

Quizplus · Accepted Answer

AOS Industries' operating cash flows increased by $100 million, which means that it collected more cash from its customers than it charged, sold more inventory than it bought, and charged more on its accounts payable back than it paid back.

Use the Table for the Question(s)below