Which of the following are sources of cash?
I.decrease in inventory
II.increase in accounts receivable
III.repayment of a bond
IV.sale of preferred stock
A)I and III only
B)I and IV only
C)II and III only
D)I, II, and III only
E)I, III, and IV only

Question

Quizplus · Accepted Answer

I. A decrease in inventory means a company is selling more than it is purchasing or producing, which generates cash.IV. The sale of preferred stock brings in cash as investors purchase the stock.

Which of the Following Are Sources of Cash