• Indicate the impact of the following corporate actions on cash, using the letter I for an increase, D for a decrease, or N when no change occurs.

1. A dividend is paid with funds received from a sale of debt.

2. Real estate is purchased and paid for with short-term debt.

3. Inventory is bought on credit.

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5. A short-term bank loan is repaid.

6. Next year's taxes are prepaid.

7. Preferred stock is repurchased.

8. Sales are made on credit.

9. Interest on long-term debt is paid.

10. Payments for previous sales are collected.

11. The accounts payable balance is reduced.

12. A dividend is paid.

13. Production supplies are purchased and paid for with a short-term note.

14. Utility bills are paid.

15. Cash is paid for raw materials purchased for inventory.

16. Marketable securities are purchased.