3.4 a. An increase in inventories uses cash, reducing the firm's net cash balance. b. A reduction...
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3.4
a. An increase in inventories uses cash, reducing the firm's net cash balance.
b. A reduction in accounts payable uses cash, reducing the firm's net cash balance.
c. An issue of common stock is a source of cash.
d. The purchase of new equipment is a use of cash, and it reduces the firm's net cash balance.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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