Question: Last year Aldrin Co. had negative net cash flow, yet its cash on the balance sheet increased. What could explain these events? a. Aldrin issued

Last year Aldrin Co. had negative net cash flow, yet its cash on the balance sheet increased. What could explain these events? 

a. Aldrin issued long-term debt. 

b. Aldrin repurchased some of its common stock. 

c. Aldrin sold some of its assets. 

d. Statements a and b are correct. 

e. Statements a and c are correct.

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