Stevie's Snacks is a manufacturer of dog treats. The statement of cash flows for the company's...

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Stevie's Snacks is a manufacturer of dog treats. The statement of cash flows for the company's prior period is as follows: Cash Flows Provided by Operating Activities Cash Flows Used by Investing Activities Cash Flows Used by Financing Activities Increase in cash $100,000 ($75,000) ($5,000) $20,000 A possible explanation for the inflows and outflows shown above in the investing and financing section could be: The company is paying down long-term debt by selling long-term assets The company is repurchasing its stock and selling long-term assets. The company is purchasing long-term assets with cash and issuing dividends. The company is issuing its stock and purchasing long-term assets. The company is paying more to its suppliers than it is receiving from its customers. Stevie's Snacks is a manufacturer of dog treats. The statement of cash flows for the company's prior period is as follows: Cash Flows Provided by Operating Activities Cash Flows Used by Investing Activities Cash Flows Used by Financing Activities Increase in cash $100,000 ($75,000) ($5,000) $20,000 A possible explanation for the inflows and outflows shown above in the investing and financing section could be: The company is paying down long-term debt by selling long-term assets The company is repurchasing its stock and selling long-term assets. The company is purchasing long-term assets with cash and issuing dividends. The company is issuing its stock and purchasing long-term assets. The company is paying more to its suppliers than it is receiving from its customers.