Answer:
b.The company made large investments in fixed assets.
Explanation:
When company cuts dividend , cash in balance sheet will not reduce . It wii be in the form of reserve.
When company makes investment in fixed asset , its cash will decrease.
When the company sold a division and received cash in return , its cash will increase.
The company issued new common stock , its cash will increase .
The company issued new long-term deb , its cash increases .
So option b is correct.
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People are rational
I believe is your answer..
Answer:
B. The cost of the building will include the cost of replacing the roof.