Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. last year traction, inc had positive net cash flow

Last year Traction, Inc had positive net cash flow, yet its cash on the balance...

80.2K

Verified Solution

Question

Accounting

Last year Traction, Inc had positive net cash flow, yet its cash on the balance sheet decreased. What could explain these Events?

A. Traction Issued long -term debt

B. Traction repurchased some of its common stock

C. Traction sold some of its assets

D. A & B

E. A & C

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Describe Erikson’s eight stages (including crises and virtues). Compare and contrast Piaget and Vygotsky. From Psychology 12th edition,written...

Psychology
Q

In what ways does a tightrope walker’s pole increase stability? Please Type Out Answer

Physics
Q

Which of the following environmental features might influence macroclimates?the seabreeze from the ocean on Los...

Biology
Q

Two identical bulbs B and B each of resistance Ris connected in a circuit as...

Physics
Q

A ball is Pwater P Poil with Poil and Pwater representing the densities of oil...

Physics
Q

Find the volume V of the described solid S The base of S is the...

Geometry
Q

Question 6 Find the coordinates of the point D 6 3 after the transformation x...

Geometry
Q

Which angle is not in the set of all angles described by 2nk O 17pi...

Basic Math
Q

In 1984, the population of Greensboro, N.C. was 197,910.According to the U.S. Census Bureau, Greensboro...

Basic Math
Q

A student earned a total of 500 points on the first 6 tests. What score...

Algebra
Q

DROP DOWN OPTIONS FOR PART A. GROWTH INDEX AND VALUE INDEX FOR BOTH DROP DOWN...

Accounting
Q

Where are temporary accounts housed (financially reported)? What about permanent accounts? What two purposes...

Accounting