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CFA考试(Level Ⅰ) - 相关题库
单选题 编号:2690718
1. A company reported net income for the year of $100 million, but cash flow from operations was $120 million, the difference between net income and cash flow from operations most likely occurred because, during the year, the company:
  • A.Increased inventory levels in anticipation of sales of a new product.
  • B.Took advantage of substantial trade discounts and paid down trade accounts faster than in previous years.
  • C.Tightened its credit policies and increased collection efforts.

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