Which of the following are uses of cash? I.Marketable securities are sold.
II)The amount of inventory on hand is increased.
III)The ﬁrm takes out a long-term bank loan.
IV)Payments are paid on trade payables.
A)I and III only.
B)II and IV only.
C)I and IV only.
D)II and III only.
E)II, III and IV only.

Question

Quizplus · Accepted Answer

Increasing inventory and paying trade payables both use cash, as they involve spending money.

Which of the Following Are Uses of Cash? I