Which of the following is a use of cash?
A)Interest received on investment
B)Issuing long-term bonds
C)Dividends paid to stockholders
D)Loss on sale of investment

Name: Which of the following is a use of cash? A)Interest received on investment B)Issuing long-term bonds C)Dividends paid to stockholders D)Loss on sale of investment
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Dividends paid to stockholders are a use of cash as they represent cash outflows from the company to its shareholders.

Which of the Following Is a Use of Cash