Which of the following would be valid conclusions from an analysis of the cash flow statement for
Question:
Which of the following would be valid conclusions from an analysis of the cash flow statement for Telefónica Group presented in Exhibit 3?
A. The primary use of cash is financing activities.
B. The primary source of cash is operating activities.
C. Telefónica classifies interest received as an operating activity.
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Related Book For
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
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