Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
The company issues new common stock is correct,
What is the balance sheet?
A balance sheet is a financial statement that lists the assets and liabilities of a business at a certain point in time. One of the three essential financial statements, along with the income statement and cash flow statement, which are used to assess a company's performance.
- New equipment purchases, stock repurchases, and dividend payments all result in cash outlays, which lower the cash balance. Contrarily,
- the amount of time granted to clients to pay their bills lags behind their receipt of cash; as a result, the amount of cash actually decreases rather than increases.
Therefore, the issuance of common stock increases the organization's cash balance while keeping all other aspects of the balance sheet same. Therefore, "b" is the appropriate choice.
To learn more about company's cash balance, click the links
https://brainly.com/question/26483699
#SPJ4
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.