Which one of the following statements concerning a firm's sources and uses of cash is correct given the following account values?
A) The long-term debt is a use of cash of $200.
B) The accounts receivable is a use of cash of $50.
C) The common stock is a source of cash of $200.
D) The accounts payable is a source of cash of $200.
E) The inventory is a source of cash of $100.
Correct Answer:
Verified
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