The major use of cash for declining companies is repurchase of equity.

Name: The major use of cash for declining companies is repurchase of equity.
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Question

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Companies in decline usually have limited cash resources, and their priority is to use that cash to pay down debt, invest in research and development, or acquire new businesses to turn their fortunes around. Repurchasing equity is not a typical use of cash for declining companies.

The Major Use of Cash for Declining Companies Is Repurchase