Indicate whether the following corporate actions increase, decrease, or cause no change to cash.

a. Cash is paid for raw materials purchased for inventory.

b. A dividend is paid.

c. Merchandise is sold on credit.

d. Common stock is issued.

e. Raw material is purchased for inventory on credit.

f. A piece of machinery is purchased and paid for with long-term debt.
g. Payments for previous sales are collected.
h. Accumulated depreciation is increased.
i. Merchandise is sold for cash.
j. Payment is made for a previous purchase.
k. A short-term bank loan is received.
l. A dividend is paid with funds received from a sale of common stock.
m. Allowance for bad debts is decreased.
n. A piece of office equipment is purchased and paid for with a short-term note.
o. Marketable securities are purchased with retained earnings.
p. Last year’s taxes are paid.
q. This year’s tax liability is increased.
r. Interest on long-term debt is paid.