Which one of the following would be considered a use of cash?

A) Sale of fully depreciated equipment.
B) A decrease in accounts receivable.
C) Sale of inventory at cost.
D) Reduction in accounts payable.
E) Product sale at a price in excess of cost.

Use of Cash

Describes how a company spends its cash, encompassing operational expenses, investment activities, and financing activities.

Accounts Receivable

Owed sums to a corporation by its customers for commodities or services furnished or taken advantage of, with the payment still forthcoming.