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1. Which of the following is a use of cash?

i. increase long-term debt

ii. decrease current liabilitites

iii. decrease current assets

iv. increase fixed assets

v. increase equity

ii and iv only

None of them are uses of cash

i, ii and iii

i, iii and v only

2. Which of the following is a source of cash?

i. borrow over long-term

ii. increase current liabilities

iii. decrease debt

iv. buy long-term assets

v. decrease current assets

i, ii, and v only

i, ii, iii and iv

iii and iv only

i and ii only

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92760435

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