statement of cash flow
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Last year, accounts payable was $49,000. This year accounts payable is $9,000. Which of the following statements about the statement of cash flow is correct?
a. Cash has increased by $9,000 from financing activities
b. Cash has decreased by $40,000 from operating activities
c. Cash has decreased by $40,000 from financing activities
d. Cash has increased by $40,000 from operating activities
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