Question: 3 8 . Kwame ' s startup has reported negative free cash flow for the past two years, yet it continues to expand. What is

38.Kwame's startup has reported negative free cash flow for the past two years, yet it continues to expand. What is the most likely explanation? A.The company is facing sustained operating losses. B.The firm is struggling to cover short-term liabilities. C.The company is reinvesting heavily in new projects and fixed assets. D.The business is overly reliant on short-term borrowing to stay afloat.

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