Trident Company Had the Following Cash Flows in the Current

Multiple Choice

Trident Company had the following cash flows in the current year. Which one of the following is a financing activity cash flow?

A) Rent on a warehouse amounting to $1.1 million
B) Purchase of $125,000 worth of five-year bonds issued by Towson Utilities
C) Preference dividends to the tune of $330,000 paid to shareholders
D) Lease income received on a piece of land