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2 Which of the following statements is FALSE? A. When a company reduces the accounts payable...

2 Which of the following statements is FALSE? A. When a company reduces the accounts payable balance, that is a source of cash B. When a company increases the inventory balance, that is a use of cash C. When a company reduces the long-term debt balance, that is a use of cash D. When a company increases the short-term borrowings balance, that is a source of cash E. When a company issues stock and increases the Paid-In Capital balance, that is a source of cash

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Answer #1

The false statement is:-

A. When a company reduces the accounts payable balance, that is a source of cash

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