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In: Finance

Which of the following is not a source of cash? ____ Net income Repayment of a...

Which of the following is not a source of cash?

____

Net income

Repayment of a bank loan

Reduction in accounts receivable

Depreciation

Solutions

Expert Solution

Answer: Repayment of bank loan

Explanation:

Repayment of bank loan is application of cash

Remaining all are leads to increase in cash i.e. Source of cash

jeff jeffy answered 2 years ago
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