Which of the following activities result in an increase (decrease) in a firm’s cash? Decrease fixed assets Decrease accounts payable Pay dividends Sell common stock Decrease accounts receivable Increase notes payable
Which of the following activities result in an increase (decrease) in a firm’s cash? Decrease fixed assets Decrease accounts payable Pay dividends Sell common stock Decrease accounts receivable Increase notes payable
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 20MCQ
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Which of the following activities result in an increase (decrease) in a firm’s cash?
- Decrease fixed assets
- Decrease accounts payable
- Pay dividends
- Sell common stock
- Decrease accounts receivable
- Increase notes payable
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