Firms balance sheet under current liabilities

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Reference no: EM131447258

1. Other things held constant, which of the following actions would increase the amount of cash on a company’s balance sheet?

a. The company issues new common stock. b. The company repurchases common stock. c. The company pays a dividend. d. The company purchases a new piece of equipment. e. The company gives customers more time to pay their bills.

2. Which of the following items can be found on a firm’s balance sheet under current liabilities?

a. Accounts receivable. b. Depreciation expenses. c. Accrued amortization charges. d. Cost of goods sold. e. Accrued wages.

Reference no: EM131447258

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