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Metz Vets the Company's Accountant Prepared This Reminder for His

Question 92

Multiple Choice

Metz Vets The company's accountant prepared this reminder for his intern:
Cash = CL + LTL + CS + RE - NCCA - LTA
 where:  CL = Current liabilities  LTL = Long-term liabilities  CS = Common stock RE= Retained eanings NCCA= Noncash curent assets  LTA = Longterm assets \begin{array}{ll}\text { where: } & \text { CL = Current liabilities } \\&\text { LTL = Long-term liabilities } \\&\text { CS }=\text { Common stock } \\& \mathrm{RE}=\text { Retained eanings } \\& \mathrm{NCCA}=\text { Noncash curent assets } \\& \text { LTA = Longterm assets }\end{array} Refer to Metz Vets.Which of the following activities results in a cash inflow?


A) Increases in noncash current assets (NCCA)
B) Decreases in current liabilities (CL)
C) Increases in common stock (CS)
D) Decreases in retained earnings (RE)

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