The Amount of Working Capital Would Not Be Affected by Which

question 108

Multiple Choice

The amount of working capital would not be affected by which of the following transactions?

• A)Transfer of a long-term investment for cash
• B)Issuance of a long-term note in exchange for cash
• C)Sale of long-term investments for cash at a loss
• D)Issuance of common shares of the corporation in exchange for noncurrent assets
• E)All of these choices would affect working capital

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Definitions:

Ecotourism

A form of sustainable travel to natural areas, aiming to conserve the environment, respect the local culture, and promote economic development for local communities.

Reduces Water

Initiatives or processes that aim to decrease the amount of water used or wasted, often in an environmental or conservation effort.

Business Sectors

The division of the economy into different industries and areas of activity, such as technology, healthcare, and finance, each focusing on specific goods or services.

Tourism

The business of providing services such as transport, accommodations, or entertainment for people travelling for pleasure.