Managers of a Company Can Use the Statement of Cash

question 162

Multiple Choice

Managers of a company can use the statement of cash flows to make decisions about ________.

• A)borrowing
• B)buying new equipment
• C)issuing corporate stock
• D)all of these

---

Definitions:

Factor

A finance company to which businesses sell their accounts receivable—usually for a percentage of the total face value.

Prime Rate

The interest rate that commercial banks charge their best customers (usually large corporations) for short-term loans.