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Determine whether the following is a source or use of fund (also provide your explanation): A dividend is paid Issue of short-term debt Long-term debt
Determine whether the following is a source or use of fund (also provide your explanation):
- A dividend is paid
- Issue of short-term debt
- Long-term debt decreased by $1,000,000
- Next year's taxes are prepaid
- Wages and salaries are paid
- Accounts receivable balance is reduced
- Accounts payable balance is reduced
- Marketable Securities are purchased
- Marketable Securities are liquidated
- A bank loan is repaid
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