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Which one of the following is a source of cash? increase in common stock O decrease in retained earnings increase in accounts receivable O

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Which one of the following is a source of cash? increase in common stock O decrease in retained earnings increase in accounts receivable O decrease in long-term debt Which one of the following is classified as an investment activity on the statement of cash flows? O purchase of inventory O purchase of equipment O repayment of a long-term debt Osale of common stock

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Answer D Decrease in LongTerm Debt Decrease in longterm debt is a source of cash because it reduces ... blur-text-image

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