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Basic Question 5 of 23

Which of the following activities increase cash, if all other factors are equal?

I. Reducing long-term debt
II. Acquiring inventory
III. Selling fixed assets
IV. Factoring accounts receivable

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

explain liquidity and compare issuers' liquidity levels

CFA® 2024 Level I Curriculum, Volume 2, Module 4.