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Ch.13 - Social Behaviour
The Skeins are a punk-rock band known for their amazing music, high energy, and their YouTube videos of pranks they play on each other while on tour. Their first album was wildly popular and they gained world-wide fame before the members of the band reached the age of 21. They have just released their fourth album, Rock >>> Pop-Punk Drama, and it lives up to its name, as their sound has changed a lot (taking on more of a rock tone than a punk vibe) . They're going on tour for the new album.
-The band members feel like it is important to behave and style themselves in a more mature way now that they are making more mature music.To make sure this change in their image is obvious,they are more likely to _____________.
Noncash Investing
Transactions involved in investing activities that do not involve immediate cash flow, such as exchanging one asset for another.
Financing Activity
Activities that result in changes in the size and composition of the equity capital and borrowings of the company.
Cash Flow Statements
Financial statements that record the cash inflows and outflows for a company over a specific period of time.
Noncash Investing
A type of investing activity that involves transactions not involving cash, such as property or stock trades.
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