Craig Corporation's reported profit for 2013 is less than its net cash from operating activities. One reason for this could be:
A) The sale of machinery at a loss in 2013
B) An increase in inventory levels during 2013
C) The sale of investments at a gain in 2013
D) An error in the preparation of the statement of cash flows; profit for the year should be greater than or equal to net cash from operating activities.
Correct Answer:
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