If a Firm's Cash-Flow Statement Shows That Cash Was Used

question 8

Multiple Choice

If a firm's cash-flow statement shows that cash was used for investments,which of the following would seem most likely?

• A) The inventory balance increased.
• B) Common stock was repurchased.
• C) New machines were acquired.
• D)Cash dividends were paid.

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Definitions:

Federal Legislation

Laws passed by the national government or Congress of a country, particularly referring to the United States, that apply to all states and citizens within the country.

Minorities

Demographic groups that are smaller in number compared to the majority of the population, often facing different social, economic, or political circumstances.

V-E Day

May 8, 1945, the day World War Ⅱ officially ended in Europe.

American Nationality

The legal status or identity of a person as a citizen of the United States, encompassing the rights and duties associated with such citizenship.