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Which of the following actions are most likely to directly increase cash as shown on a firms balance sheet? a. It increases the dividends paid
Which of the following actions are most likely to directly increase cash as shown on a firms balance sheet?
a. It increases the dividends paid on its common stock.
b. It issues $3 million of new common stock.
c. It buys new plant and equipment at a cost of $6 million.
d. It reports a large loss for the year. (Assume the loss is not due to a large depreciation expense.)
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