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Use the Equation Presented Below to Answer the Question That

Question 146

Multiple Choice

Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE - NCCA - LTA
Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE - NCCA - LTA Which of the following activities results in a cash outflow? A) Decreases in noncash current assets (NCCA) B) Decreases in long-term assets (LTA) C) Increases in long-term liabilities (LTL) D) Decreases in retained earnings (RE) Which of the following activities results in a cash outflow?


A) Decreases in noncash current assets (NCCA)
B) Decreases in long-term assets (LTA)
C) Increases in long-term liabilities (LTL)
D) Decreases in retained earnings (RE)

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