A review of Young's Garden's Center statement of cash flows showed the following: Cash flows from operating activities $ 15,000 Cash flows from investing activities 80,000 Cash flows from financing activities (60,000) From this information, the most likely explanation is that Young's is a. using cash from operations and borrowing to purchase long-term assets. b. using cash from operations and selling long-term assets to pay back debt. c. using cash from investors to provide for operations. d. using its profits to expand growth.
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Home » Business » A review of Young's Garden's Center statement of cash flows showed the following: Cash flows from operating activities $ 15,000 Cash flows from investing activities 80,000 Cash flows from financing activities (60,000) From this information, the most