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Problem 3-9 o Balance sheet which of the following actions are most likely to di increase cash as shown on a firm's balance sheet? select the appropriate assumptions that underle your a. It issues $2 million of new common stock. b. It buys new plant and equipment at a cost of $3 million. c. It reports a large loss for the year d. It increases the dividends paid on its common stock. 1. Statements (b) and (d) will increase the amount of cash on a company's balance sheet. Statement (a) will decrease cash through the sale of common stock, selling stock uses cash from financing activities. On one hand, Statement (c) would decrease cash; however, it is also possible that statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year. II. Statements (b) and (d) will increase the amount of cash on a company's balance sheet, Statement (a) will increase cash through the sale of common stock. Selling stock provides cash through financing activities. On one hand, Statement (c) would decrease cash; however, it is also possible that Statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year. Ill. Statements (b) and (d) will decrease the amount of cash on a company's balance sheet. Statement (a) will increase cash through the sale of common stock. Selling stock provides cash through financing activities. On one hand, Statement (c) would decrease cash; however, it is also possible that Statement (c) would increase a tax refund for taxes paid in a prior year. rv. Statements eb) and (d) will decrease the amount of cash on a company's balance sheet. Statement (a) will decrease cash through the sale of common stock. Selling stock uses cash from financing activities. On one hand, Statement (c) would decrease cash; however, it is also possibile that statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year of common stock. Selwng V. Statements (b) and decrease the amount of cash on a company's balance sheet. Statement (a) wit increase cash through the sale stock provides cash through activities. Statement (c) would neither increase or decrease cash for taxes paid in a prior year. financing Check My Work (3 remaining) MacRook Pro