Which one of these will increase a firm's cash balance? A. An increase in inventory B. A

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Which one of these will increase a firm's cash balance?

A. An increase in inventory
B. A decrease in accounts payable
C. An increase in common stock

D. An increase in new equipment

Related Book For answer-question

Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: Aug 27, 2022 10:26 PM

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Which one of these will increase a firm's cash balance? A. An increase in inventory B. A

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ANSWER C An increase in common stock Common stock is a part of a companys equity Therefore an increa... View the full answer

Fundamentals of Financial Accounting

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