Which of the Following Transactions Would Be Shown in the Non-Cash

question 95

Multiple Choice

Which of the following transactions would be shown in the non-cash investing and financing activities section of the statement of cash flows?

• A) sold equipment with book value of $15,000 in exchange for $15,000 cash
• B) retired company bonds before the maturity date by paying a negotiated amount
• C) issued 50,000 shares of stock at $2 per share
• D) purchased land by signing a 10-year note for $500,000

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Definitions:

Refractory Period

The period immediately following the transmission of an impulse in nerve or muscle cells during which a second impulse cannot be generated.

Tetanus

A serious bacterial infection characterized by muscle stiffness and spasms, caused by the toxin produced by Clostridium tetani.

Muscle Fiber

A single muscle cell, typically elongated and capable of contracting to produce movement or maintain posture.

Complete Tetanus

A state of sustained muscle contraction caused by rapid, repeated stimulation surpassing the relaxation phase between stimuli.