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Determine whether the following is a source or use of fund

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Reference no: EM132376608

Determine whether the following is a source or use of fund (also provide your explanation):

  1. A dividend is paid
  2. Issue of short-term debt
  3. Long-term debt decreased by $1,000,000
  4. Next year's taxes are prepaid
  5. Wages and salaries are paid
  6. Accounts receivable balance is reduced
  7. Accounts payable balance is reduced
  8. Marketable Securities are purchased
  9. Marketable Securities are liquidated
  10. A bank loan is repaid

Reference no: EM132376608

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