From the Following List, Identify Each Item as Operating (O) $\mathrm{N}$

question 5

Multiple Choice

From the following list, identify each item as operating (O) , investing (I) , financing (F) , or not separately reported on the statement of cash flows (N) .
-Conversion of preferred stock into common stock

• A)Operating-O
• B)Investing-I
• C)Financing-F
• D)Not separately reported- \( \mathrm{N} \)

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Definitions:

Extenuating Circumstance

A situation or condition that provides partial justification or explanation for an individual's behavior, potentially lessening the severity of a punishment or judgment.

Drug Therapy

The treatment of illness or disease with drugs or medications, designed to ameliorate symptoms or cure the condition.

Mental Hospitals

Health care facilities specializing in the treatment and care of individuals with mental disorders.

Insanity Pleas

A legal defense used in criminal trials where the defendant claims they were unable to understand the nature of their crime or distinguish right from wrong due to mental illness.