Which of the Following Transactions Will Not Increase the Cash

question 1

Multiple Choice

Which of the following transactions will not increase the cash ratio?

• A)Receiving cash from a common stock issue.
• B)Refinancing a current liability with long-term debt.
• C)Using cash to purchase a two-month treasury bill.
• D)Collecting an account receivable.

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Definitions:

Dorsal

Pertaining to the back side of an organism or towards the spine, opposite of ventral.

Medial

Positioned in the middle or towards the central line of the body or an organ.

Meninges

Three layers of protective tissue—dura mater, arachnoid, and pia mater—that encase the brain and spinal cord.

Dura Mater

The thick, durable outer membrane that covers the brain and spinal cord, providing protection against injury.