Which of the following activities does not increase cash? Multiple Choice   Increasing current liabilities (getting a 90-day loan).   Decreasing current assets other than cash (selling some inventory for cash).   Increasing long-term debt (borrowing long-term).   Increasing equity (selling some stock).

Personal Finance
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Chapter16: Real Estate And High-risk Investments
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Which of the following activities does not increase cash?

Multiple Choice
  •  
    Increasing current liabilities (getting a 90-day loan).
  •  
    Decreasing current assets other than cash (selling some inventory for cash).
  •  
    Increasing long-term debt (borrowing long-term).
  •  
    Increasing equity (selling some stock).
  •  
    Increasing fixed assets (purchasing property).
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