Which of the following actions are most likely to directly increase cash as shown on a firms balance sheet? Explain
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.
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Question Posted: October 05, 2011 09:45:58