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A Firm Purchases Goods on Credit Worth $150

Question 79

Multiple Choice

A firm purchases goods on credit worth $150. The same firm pays off $100 in old credit purchases. An investment is made via the purchase of a new facility, and equity is issued in the amount of $300 to pay for the purchase. What is the change in net cash provided by operations?


A) $50 increase
B) $100 increase
C) $150 increase
D) $250 increase

Correct Answer:

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