Business, 19.02.2021 02:30 kaitietrueman8823

Analysts following Armstrong Products recently noted that the company's net cash flow from operations increased over the prior year, yet cash as reported on the balance sheet decreased. Which of the following factors could explain this situation? a. The company made a large investment in a profitable new plant. b. The company cut its dividend. c. The company issued new long-term debt. d. The company issued new common stock. e. The company sold a division and received cash in return.

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