A company has the following account balances. Which statement is correct concerning these balances? Account Accounts receivable $ Accounts payable Inventory Long-term debt Common stock Beginning Balance Ending Balance 16,400 20,300 63,600 127,500 212,400 O Accounts receivable is a $1,400 source of cash. 4 O Common stock is a $3,500 use of cash. O Net working capital, excluding cash, is a $6,100 use of cash. O Long-term debt is a $1,700 source of cash. O Total debt is a $2,400 source of cash. $ 17,800 24,400 60,100 125,800 215,900

A company has the following account balances. Which statement is correct concerning these balances? Accounts receivable is a $1,400 source of cash. Common stock is a $3,500 use of cash. Net working capital, excluding cash, is a $6,100 use of cash. Long-term debt is a $1,700 source of cash. Total debt is a $2,400 source of cash