Which of the following activities are credits? The impact on accounts receivable from a $20 million sale to a customer. The impact on treasury stock from a company repurchasing $40 million in shares. The impact on inventory from a company recognizing $25 million in cost of goods sold expense. The impact on debt from a $10 million principal paydown

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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Which of the following activities are credits? The impact
on accounts receivable from a $20 million sale to a
customer. The impact on treasury stock from a company
repurchasing $40 million in shares. The impact on
inventory from a company recognizing $25 million in cost
of goods sold expense. The impact on debt from a $10
million principal paydown
Transcribed Image Text:Which of the following activities are credits? The impact on accounts receivable from a $20 million sale to a customer. The impact on treasury stock from a company repurchasing $40 million in shares. The impact on inventory from a company recognizing $25 million in cost of goods sold expense. The impact on debt from a $10 million principal paydown
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