Asked by
Tyeka Robinson
on Nov 08, 2024Verified
Which one of the following is a use of cash?
A) Payment received from a customer on their account.
B) Sale of inventory.
C) Decrease in fixed assets.
D) Sale of common stock.
E) Payment to a supplier.
Cash Flows
The total amount of money being transferred into and out of a business, determining its operating, investing, and financing activities' liquidity.
Common Stock
A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share of the company's profits through dividends.
Inventory
Inventory consists of the goods and materials that a business holds for the purpose of resale or production.
- Understand different uses and sources of cash in business operations.
Verified Answer
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Learning Objectives
- Understand different uses and sources of cash in business operations.