Quiz – Which of the following actions would increase the amount of cash?
Fundamentals of Financial Management, Concise
Brigham and Houston
09th Edition and 10th Edition
Other things held constant, which of the following items would cause an increase in cash found on a firm’s balance sheet? a. The company repurchases stock. b. The firm pays a dividend to the shareholders. c. The company issues new common stock. d. The company allows customers more time to pay invoices. e. The firm purchases new equipment.