Identify a SOURCE of cash: (select only one alternative) Group of answer choices Dividend is paid...

Question

Question

Identify a SOURCE of cash:

(select only one alternative)

Group of answer choices

Dividend is paid

Accounts Receivablle goes up

Accounts Payable goes down

Machinery is sold

Bank loan is repaid

Answer 1

Answer #1

Answer - Machinery is sold

Machinery is sold implies the firm would sell a machinery and would receive cash in return, which implies it is a source of cash.

Dividend is paid implies the firm pays out cash as dividend and hence is a use of cash.

Accounts receivable goes up implies further sales were made on credit and hence no change in cash.

Account payable goes down implies payables ere paid and hence is a use of cash.

Bank loan is repaid imlies cash has been paid to extinguish the loan and hence is a use of cash.

Answer 2

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