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2 years ago
Which of the below is a SOURCE of cash?
A) Rent or Lease payments
B) Dividend payments
C) Cash Sales
D) Wages and Salaries
Source  Download
Financial Management: Core Concepts
Edition: 2nd
Author:
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2 years ago
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C -- The sources of cash (cash receipts or cash inflow) are: cash sales; payments received on accounts receivables (mainly credit sales); cash sales of equipment or other assets of the company, and funding sources (bank loans, bond sales, and stock sales). The uses of cash (cash expenditures or cash outflow) are: cash purchases (supplies, inventories, etc.); payments made on accounts payable (to suppliers); wages and salaries; rent, lease, or mortgage payments; utility payments (water, electricity, phones, etc.); shipping costs; interest payments; dividend payments; retirement of debt (paying off loans and bonds); and repurchases of stock
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wrote...
2 years ago
Thank you very much for this. It's really helpful.
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