Multiple Choice
Which of the following transactions would be shown in the non- cash investing and financing activities section of the cash flow statement?
A) Issued 10 000 shares at $5 per share
B) Purchased land by signing an 8- year bill for $200 000
C) Retired company bonds before the maturity date by paying a negotiated amount
D) Sold equipment with book value of $4 000 in exchange for $1 000 cash and a $3 000 bill
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Partisan Services purchased 10 delivery vehicles by
Q7: Where are non- cash investing and financing
Q9: Which of the following sections from the
Q11: Qtopia Company uses the direct method to
Q11: Financing activities include activities that affect current
Q13: Transnational Company just started in business and
Q18: In creating a cash flow statement using
Q50: The financing section of the cash flow
Q90: Free cash flow is the measure of
Q142: Free cash flow is the same thing