Odessa Financial recently announced that its net income decreased sharply from the previous year, yet its...

 

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Odessa Financial recently announced that its net income decreased sharply from the previous year, yet its net cash provided from operations increased. Which of the following could explain this performance? Oa. The company's dividend payment to common stockholders declined. b. The company's depreciation expense increased substantially. Oc. The company's depreciation expense decreased substantially. Od. The company's cost of goods sold decreased. Odessa Financial recently announced that its net income decreased sharply from the previous year, yet its net cash provided from operations increased. Which of the following could explain this performance? Oa. The company's dividend payment to common stockholders declined. b. The company's depreciation expense increased substantially. Oc. The company's depreciation expense decreased substantially. Od. The company's cost of goods sold decreased.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below option c The companys ... View the full answer