Question 1
Which of the following is a use of cash?
◦ Issuing long-term bonds
◦ Dividends paid to stockholders
◦ Loss on sale of investment
◦ Interest received on investment
Question 2
Which of the following is a use of cash?
◦ Collecting receivable payments from customers
◦ Purchasing equipment for cash
◦ Purchasing supplies on account
◦ Declaring a dividend