When Using the Indirect Method, How Is the Issuance of Stock

question 148

Multiple Choice

When using the indirect method, how is the issuance of stock to retire a long-term debt shown on a statement of cash flows?

• A) Operating activity
• B) Investing activity
• C) Financing activity
• D) Noncash investing or financing activity

Implement effective communication strategies and therapeutic responses for patients in rehabilitation.

Recognize and assess symptoms of substance abuse and the effects of different substances on physical and mental health.

Understand the concept of dimensional analysis and unit conversions.

Apply dimensional analysis to convert time units.

---

Definitions:

Note Payable

A written agreement to pay a specific sum of money, usually including interest, at a future date.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives.

Exchange

A marketplace where securities, commodities, derivatives, and other financial instruments are traded between buyers and sellers.

Land

A non-depreciable asset that typically refers to the solid surface of the earth that a business owns and uses for business purposes.