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3-9 BALANCE SHEET Which of the following actions are most likely to directly increase cash as shown on a firm's balance sheet? Explain and state
3-9 BALANCE SHEET Which of the following actions are most likely to directly increase cash as shown on a firm's balance sheet? Explain and state the assumptions that underlie your answer. a. It issues $4 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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