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Sheet: Which of the following actions are most likely to directly increase cash as shown on a firm balance sheet? Explain and state the assumptions
- Sheet: Which of the following actions are most likely to directly increase cash as shown on a firm balance sheet? Explain and state the assumptions that underlie your answer.
- It issues $2 million of new common stock.
- It buys new plant and equipment at a cost of $3 million.
- It reports a large loss for the year.
- It increase the dividends paid on its common stock.
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