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