Which of the following activities result in an increase in a firm's cash?
A) decrease fixed assets
B) decrease accounts payable
C) pay dividends
D) repurchase of common stock

Name: Which of the following activities result in an increase in a firm's cash? A) decrease fixed assets B) decrease accounts payable C) pay dividends D) repurchase of common stock
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Question

Quizplus · Accepted Answer

Decreasing fixed assets typically involves selling off assets, which results in an inflow of cash to the firm, thereby increasing its cash balance.

Which of the Following Activities Result in an Increase in a Firm's