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Which of the Following Are Uses of Cash

Question 6

Multiple Choice

Which of the following are uses of cash?
I.Marketable securities are sold
II.Inventory is increased
III.Long-term bank loan is acquired
IV.Stock is repurchased


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

Correct Answer:

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