Upon review of Make Your Mark, Inc.\'s Statement of Cash Flows, the following wa

Question

Upon review of Make Your Mark, Inc.'s Statement of Cash Flows, the following was noted: Cash Flows from Operating Activities $15,000 Cash Flows from Investing Activities ($80,000) Cash Flows from Financing Activities $60,000 From this information, the most likely explanation is that Make Your Mark is O A. assuming long term debt to fund operations and purchase long term assets. O B. selling long term assets to fund operations and pay dividends to shareholders ° C. issuing common stock to fund operations and purchase long term assets. D. using cash from operations and issuing common stock to purchase long term assets. O E. using cash from operations to repay long term debt and purchase long term assets.

Explanation / Answer

Answer : Option D

Using cash from operations and issuing common stock to purchase long term assets would be the most appropriate one as it covers all the operating,financing and investing activities.

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