单选题 Calculate the change in cash from the following items: Decrease in inventory $ 10 million Net income $ 60 million Repayment of long-term debt $ 20 million Increase in accounts receivable $15 million Purchase of new machinery $ 75 million Depreciation expense $15 million Sale of common stock $ 40 million Dividend expense $10 million ①A. + $ 30 million. ②B. $ 30 million. ③C. + $ 5 million.

A、

A. ①
B、

B. ②
C、

C.③

【正确答案】 C

【答案解析】Net income Source $ 60 million Depreciation expense Source 15 million Decrease in inventory Source 10 million Increase in accounts receivable Use 15 million Cash from Operations $ 70 million Purchase of new machinery Use $ 75 million Cash from Investing $ 75 million Repayment of long-term debt Use $ 20 million Sale of common stock Source 40 million Dividend expense Use 10 million Cash from Financing $10 million Change in Cash $ 5 million