Which of the Following Events Is a Use of Cash

question 195

Multiple Choice

Which of the following events is a use of cash?

• A)issuance of stock
• B)payment of an account payable
• C)receipt of loan proceeds
• D)collection of an account receivable

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Definitions:

World Price

The international market price of a good, influenced by global supply and demand factors.

Importing Steel

The act of bringing in steel from other countries to meet domestic demand or for manufacturing purposes, often due to a lack of local supply or cost effectiveness.

Price Per Ton

Price per ton is a measurement of cost used to evaluate bulk materials, indicating how much a buyer must pay for a thousand kilograms of the material.

Producer Surplus

The gap between the minimum amount sellers are prepared to accept for a product or service and the increased amount they actually get because of elevated market prices.