All else constant, which of the following would not affect the quick ratio, assuming an initial quick ratio of less than 1.0? Fixed assets are sold for cash. Long-term debt is issued to purchase inventory. Accounts receivable are collected and deposited in the firm's checking account. Cash is used to pay off accounts payable. Both (b) and (c) are correct. Identify each of the following changes in an asset or liability account as either a CASH INFLOW (i.e., a source of funds) or a CASH OUTFLOW (L.e., a use of funds). Increase in Common Stock Increase in Current portion of Long-term debt 1. CASH OUTFLOW Payment of cash dividends 2. CASH INFLOW