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  3. last year traction, inc had positive net cash flow

Last year Traction, Inc had positive net cash flow, yet its cash on the balance...

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Question

Accounting

Last year Traction, Inc had positive net cash flow, yet its cash on the balance sheet decreased. What could explain these Events?

A. Traction Issued long -term debt

B. Traction repurchased some of its common stock

C. Traction sold some of its assets

D. A & B

E. A & C

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