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?

  1. Decrease fixed assets
  2. Decrease accounts payable
  3. Pay dividends
  4. Sell common stock
  5. Decrease accounts receivable
  6. Increase notes payable
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