Multiple Choice
Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet?
A) The company purchases a new piece of equipment.
B) The company repurchases common stock.
C) The company pays a dividend.
D) The company issues new common stock.
E) The company gives customers more time to pay their bills.
Correct Answer:
Verified
Correct Answer:
Verified
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