Use the table for the question(s) below.
AOS Industries Statement of Cash Flows for 2008
Investment activities
Financing activities

-Consider the above statement of cash flows. What were AOS Industries' major means of raising money in 2008?
A) from investment activities
B) by sale of stock
C) from its operations
D) by issuing debt

Question

Use the table for the question(s) below.
AOS Industries Statement of Cash Flows for 2008
  Investment activities
  Financing activities
 
-Consider the above statement of cash flows. What were AOS Industries' major means of raising money in 2008?
A) from investment activities 
B) by sale of stock 
C) from its operations 
D) by issuing debt

Quizplus · Accepted Answer

AOS Industries' major means of raising money in 2008 was by issuing debt, as indicated by the cash inflow from financing activities related to debt issuance.

Use the Table for the Question(s) Below