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:

Executive Orders

Directives issued by the President of the United States that manage operations within the federal government.

President Of The United States

The executive head of government in the United States, responsible for enforcing laws and serving as the country's leader.

Employee Pilferage

The theft of company assets or merchandise by employees, typically involving small amounts stolen over time.

Pilferage Policy

A set of guidelines and measures implemented by an organization to prevent or reduce the theft of its goods or property.