单选题
编号：2691441
1. A company reported net income of $135 million and cash flow from operations of $110 million. The most likely explanation for net income being larger than cash flow from operations is that the company:
- A.Reduced its purchasing activity and inventory levels because of lower demand for its products.
- B.Purchased new property,plant,and equipment at the beginning of the year.
- C.Took advantage of substantial trade discounts,lowering the balance in accounts payable during the year.