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

Question

Sarai Clements

Business

31 October, 05:01

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

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Dakota Miles · Answer 1

e. need "cash dividends" and "the purchase of long-term assets".

Explanation:

As we know that the cash is the current asset side of the balance sheet. It is come under transactions which are monetary in a nature. It reflects the liquidity of the company

The cash flow statement is a big example as it only shows the cash inflow and the cash outflow.

Plus, the use of cash is used for the paying the cash dividends, and the purchase of long term assets