An increase in long-term debt Is a source of cash.

Long-Term Debt

Debt that is due for repayment after more than one year's time, often used for significant investments.

Source Of Cash

A source of cash refers to any activity or transaction that brings money into a business or individual's possession, increasing cash flow.

Verified Answer

Final Answer :

True

Explanation :

An increase in long-term debt means a company is borrowing more, which increases its cash inflow, thus being considered a source of cash.

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