Uses of cash include a. cash dividends. b. the sale of old equipment. c. the purchase of long-term assets. d. only a and b. e. only a and c.

Cornerstones of Financial Accounting
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Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
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Problem 2MCQ: Which of the following would be classified as a cash outflow from an operating activity? a. Purchase...
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Uses of cash include

a. cash dividends.

b. the sale of old equipment.

c. the purchase of long-term assets.

d. only a and b. e. only a and c.

 

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