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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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Craig Baugh

Learning Outcome Statements

explain liquidity and compare issuers' liquidity levels

CFA® 2025 Level I Curriculum, Volume 2, Module 4.