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?Blue Ivy Inc As a Cumulative Result of These Transactions, the Liquidity of March

Question 49

Multiple Choice

?Blue Ivy Inc.has the following transactions for the month of March:  Issued common stock $60,000 Purchased land by paying cash $100,000 Paid expenses $25,000 Earned cash fees $75,000\begin{array} { l r } \text { Issued common stock } & \$ 60,000 \\\text { Purchased land by paying cash } & \$ 100,000 \\\text { Paid expenses } & \$ 25,000 \\\text { Earned cash fees } & \$ 75,000\end{array} As a cumulative result of these transactions, the liquidity of Blue Ivy Inc.:


A) ?increases by $75,000.
B) ?increases by $10,000.
C) ?decreases by $25,000.
D) ?decreases by $50,000.

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