FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question 3
What can be assumed from negative financing activities presented on the Statement of Cash Flow
O The company must not have any cash inflows from operations
The negative financing activities would be a great concern
O The company must be investing in long term assets of the company
O The company must be running at a net loss as opposed to generating net income
O None of the possible choices
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Transcribed Image Text:Question 3 What can be assumed from negative financing activities presented on the Statement of Cash Flow O The company must not have any cash inflows from operations The negative financing activities would be a great concern O The company must be investing in long term assets of the company O The company must be running at a net loss as opposed to generating net income O None of the possible choices
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