Multiple Choice
Use the table for the question(s) below.
AOS Industries Statement of Cash Flows for 2015
-Consider the above statement of cash flows.Which of the following is TRUE of AOS Industries' operating cash flows?
A) It collected more cash from its customers than they charged.
B) It sold more inventory than it bought.
C) It charged more on its accounts payable than it paid back.
D) It charged less on its accounts payable than it paid back.
E) It used $1.4 million of its cash on depreciation and amortization.
Correct Answer:

Verified
Correct Answer:
Verified
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