Multiple Choice
The net income of the company is $120. Accounts payable increase by $20, depreciation is $15, and equipment is purchased for $40. If the firm issued $110 in new bonds, what is the total change in cash for the firm for all activities?
A) increase of $225
B) increase of $130
C) decrease of $195
D) decrease of $110
Correct Answer:
Verified
Correct Answer:
Verified
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