A decrease in which one of the following is a source of cash?
A) Common stock.
B) Notes payable.
C) Inventory.
D) Retained earnings.
E) Long-term debt.

Name: A decrease in which one of the following is a source of cash? A) Common stock. B) Notes payable. C) Inventory. D) Retained earnings. E) Long-term debt.
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Question

Quizplus · Accepted Answer

A decrease in inventory is considered a source of cash because it means the company is selling more goods than it is purchasing or producing, which leads to an inflow of cash.

A Decrease in Which One of the Following Is a Source