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Other things equal, would each of the following imply that the firm s end of year cash balance was a larger figure, a smaller figure,
Other things equal, would each of the following imply that the firms end of year cash balance was a larger figure, a smaller figure, or would be unaffected?
f The amount of depreciation taken during the year was a larger amount.
g The accounts receivable balance was larger.
h The accounts payable balance was larger.
i The firm paid off the outstanding balance on a bank loan just as the year ended.
j The firm sold one of its fixed assets just as the year ended.
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