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Which one of the following is a source of cash?

a) increase in accounts receivable
b) decrease in long-term debt
c) increase in common stock
d) decrease in retained earnings
e) none of the above

User BlackWhite
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1 Answer

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Final answer:

An increase in common stock is a source of cash for a company because the company receives cash when issuing new shares of stock.

Answer is option c. increase in common stock.

Step-by-step explanation:

The question asks which of the following is a source of cash:

a) increase in accounts receivable

b) decrease in long-term debt

c) increase in common stock

d) decrease in retained earnings

e) none of the above

The correct option in this list of possible sources of cash for a company is an increase in common stock. When a company issues more common stock, it receives cash in exchange, thus increasing its cash reserves. Therefore, an increase in common stock is a source of cash.

User Michael Herold
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