Which of the following is NOT a potential source of cash for a firm?
A)Repayment of a short-term loan
B)An increase in equity
C)An increase in long-term debt
D)A decrease in property,plant,or equipment

Question

Quizplus · Accepted Answer

Repayment of a short-term loan is not a source of cash for a firm; it is a use of cash. Increasing equity, increasing long-term debt, and decreasing property, plant, or equipment are all potential sources of cash.

Which of the Following Is NOT a Potential Source of Cash