A firm has the following account balances. Which one of the following statements is correct concerning those balances? 
A) Accounts receivable is a $900 source of cash.
B) Common stock is a $1,500 source of cash.
C) Net working capital, excluding cash, is a $1,500 use of cash.
D) Long-term debt is a $5,800 source of cash.
E) Total debt is a $6,100 use of cash.
Correct Answer:
Verified
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