Multiple Choice
Which of the following transactions is not a direct use of cash?
A) Acquisition of inventory for cash.
B) Purchase of treasury shares with cash.
C) Exchange of bonds payable for land.
D) Cash dividend paid.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q52: The following information was available from
Q53: Which of the following would be an
Q55: The acquisition of a building by issuing
Q56: Capital expenditures are a normal use of
Q58: While creditors rely heavily on cash flow
Q59: Match each activity below with the proper
Q60: The information in statement of cash flows
Q61: One of the primary purposes of the
Q62: Mason Corporation reported a net loss of
Q66: Financing activities involve<br>A) lending money.<br>B) acquiring investments.<br>C)