Examlex
The Daily News published an ad today wherein it announced its desire to purchase shares of a competing newspaper,the Oil Town Gossip.Which one of the following terms is best described by this announcement?
Indirect Method
A type of cash flow reporting in financial statements where net income is adjusted for changes in balance sheet accounts to calculate the cash flow from operating activities.
Financing Activities
Transactions that result in changes in the size and composition of the equity and borrowings of an entity, such as issuing stock or obtaining loans.
Mortgage Notes Payable
A form of long-term debt where the borrower agrees to pay back a loan used to purchase real estate, along with interest, over a specified period.
Financing Activity
Financial transactions and events that affect the equity and debt structure of a company, including borrowing, repaying debt, and issuing or buying back shares.
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