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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Are all decreases to cash the result of an unfavorable situation?
A) Yes, decreases to cash are always bad.
B) No, cash could decrease as a result of acquiring long-term assets which the company needs to expand or stay competitive.
C) Yes, cash could decrease as a result of paying off long-term debt which is an unfavorable action to take.
D) No, cash could decrease because the company issued more stock.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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#2
6 years ago
Thank you so much

I wish I knew about this years ago
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