Which of the following actions are most likely to directly increase cash as shown on a firm's balance sheet? Select the appropriate assumptions that underlie your answer. It issues $6 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 increases the dividends paid on its common stock. Statements (b) and (d) will increase the amount of cash on a company s balance sheet. Statement (a) will decrease cash through in the sale of common stock selling stock uses cash from financing activities. On one hand, Statement (c) would decrease cash: however, it is also possible that Statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year Statements (b) and (d) will increase the amount of cash on a company's balance sheet. Statement (a) will increase cash through the sale of common stock. Selling stock provides cash through financing activities. On one hand, Statement (c) would decrease cash: however, it is also possible that Statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year. Statements (b) and (d) will decrease the amount of cash on a company's balance sheet. Statement (a) will increase cash through the sale of common stock. Selling stock provides cash through financing activities. On one hand, Statement (c) would decrease cash: however, it is also possible that Statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year. Statements (b) and (d) will decrease the amount of cash on a company's balance sheet. Statement (a) will decrease cash through the sale of common stock. Selling stock uses cash from financing activities. On one hand, Statement (c) would decrease cash: however, it is also possible that Statement (c) would increase cash, if the firm receives a tax refund for taxes paid in a prior year Statements (b) and (d) will decrease the amount of cash on a company's balance sheet. Statement (a) w increase cash through the sale of common stock. Selling stock provides cash through financing activities. Statement (c) would neither increase or decrease cash for taxes paid in a prior year