Upon review of Bert's statement of cash flows, the following was noted: Cash flows from operating activities $ 60,000 Cash flows from investing activities (125,000) Cash flows from financing activities 115,000 From this information, the most likely explanation is that Bert is
A) using cash from operations and selling long-term assets to pay back debt.
B) using cash from operations and borrowing to purchase long-term assets.
C) using its profits to expand growth.
D) using cash from investors to provide for operations.
B
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Workers who engage in frequent organizational citizenship behavior appear to be more concerned about the present than the long-term good of the organization
Indicate whether the statement is true or false.
Which of the following is true when the tails of a future stock price distribution are compared with those of a lognormal distribution with the same mean and standard deviation?
A. The left tail and right tail are thinner B. The left tail is thinner and the right tail is fatter C. The right tail is thinner and the left tail is fatter D. Both tails are fatter