Which of the Following Below Increases Cash

question 11

Multiple Choice

Which of the following below increases cash?

• A) depreciation expense
• B) acquisition of treasury stock
• C) borrowing money by issuing a six-month note
• D) the declaration of a cash dividend

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Definitions:

Monthly Statements

Regular summaries provided to customers, detailing account activity, balances, and other financial information on a monthly basis.

Total Collection Time

The average time it takes for a business to convert its accounts receivable into cash.

Monthly Statements

Financial reports issued by banks or financial institutions to account holders, detailing the transactions and balances for a month.

Mail Time

The time taken for mail or documents to be delivered from sender to recipient, often considered in business contexts where processing or response times are critical.