An example of a company with cash flow problems is:
A) a company sold property, plant and equipment for $160 million and purchased property, plant and equipment for $80 million.
B) a company borrowed $1 million with long-term bonds payable and paid $1 million on long-term notes payable.
C) a company sold property, plant and equipment for $5 million and purchased property, plant and equipment for $25 million.
D) net cash provided by operating activities is $10 million and net income is $6 million.
Correct Answer:
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