How would each of the following events affect the firms balance sheet? State whether each change is a source or use of cash
a) An automobile manufacturer increases production in response to a forecast increase in demand. Unfortunately, the demand does not increase.
b) Competition forces the firm to give customers more time to pay for their purchases.
c) The firm sells a parcel of land for $100,000. The land was purchased 5 years earlier for $200,000.
d) The firm repurchases its own common stock.
e) The firm pays its quarterly dividend.
f) The firm issues $1M of long-term debt and uses the proceeds to repay a short term bank loan.