Answer on Economics of Enterprise Question for Lamarcus Streeter
a. The company repurchased some of its common stock.
b. The company dramatically increased its capital expenditures.
c. The company retired a large amount of its long-term debt.
d. The company sold some of its fixed assets.
e. The company had high depreciation expenses.
That's why the cash shown on its balance sheet increased and there was a negative net cash flow, some assets where sold.
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