Which of the following transactions will decrease a firm's cash balance? The firm...

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Finance

Which of the following transactions will decrease a firm's cash balance?

  • The firm sells long-term bonds and uses the proceeds to repurchase stock

  • The firm sells short-term bonds and uses the proceeds to purchase raw materials

  • The firm collects on its receivables and purchases marketable securities

  • The firm sells some of its marketable securities

  • The firm pays a previously declared cash dividend

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