Multiple Choice
Which of the following are uses of cash?
I. marketable securities are sold.
II. the amount of inventory on hand is increased.
III. the firm takes out a long-term bank loan.
IV. payments are paid on accounts payable.
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:

Verified
Correct Answer:
Verified
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