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1. Balance sheet – Which of the following actions are most likely to directly increase cash shown on 1 answer below » 1. Balance sheet – Which of the following actions are most likely to directly increase cash shown on a firm’s balance sheet? Explain and state the assumptions that underlie your answer. a. It issues $2 million of new common stock. b. It buys new plant equipment at a cost of $3million. c. It reports a large loss for the year. d. It increases the dividends paid on its common stock. Additional Requirements Level of Detail: Show all work Other Requirements: Need explanations why each answer is chosen. Jul 28 2015 02:48 PM
