Question: Which of the following transactions will decrease a firm's cash balance? A ) The firm sells some of its marketable securities . b ) The

Which of the following transactions will decrease a firm's cash balance? A) The firm sells some of its marketable securities. b) The firm sells short-term bonds and uses the proceeds to purchase raw materials. c) The firm sells long term bonds and uses the proceeds to repurchase stock. d) the firm collects on its receivables and purchases securities

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