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A company has the following account balances. Which statement is correct concerning these balances? Account Accounts receivable $ Accounts payable Inventory Long - term debt

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 16,40020,30063,600127,500212,400 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. $ 17,80024,40060,100125,800215,900 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.

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