Question

which one of the following actions is a source of cash? multiple choice an increase in accounts receivable an increase in fixed assets

Answer 1

Answer:. Decreasing long-term debt

Which one of the following is a use of cash?

Answer:. Decreasing long-term debt

. Increasing inventory

. Repurchasing shares of stock

. Increasing fixed assets

. Decreasing accounts receivable

. Issuing new shares of stock

. Increasing accounts payable

. Decreasing inventory

. Decreasing fixed assets

. Increasing accounts receivable

Step-by-step explanation:

Sources and uses of cash:

Transactions that bring in positive cash flow to a company are considered sources of cash flows, whereas transactions reducing cash or bringing negative cash flows to a company are considered use of cash.