Use This Information to Answer the Following Question

question 85

Multiple Choice

Use this information to answer the following question.

Oconee Corporation is preparing a statement of cash flows. The following transactions occurred during the year:

1. Sold machinery for $18,000 cash.
2. Purchased a building for $160,000 cash.
3. Issued $140,000 worth of stock to acquire an airplane.
4. Converted long-term bonds by issuing $200,000 worth of stock.
5. Declared and paid a $20,000 cash dividend.

Transaction 2 would be found on the statement of cash flows in the

• A) cash flows from operating activities section.
• B) cash flows from financing activities section.
• C) cash flows from investing activities section.
• D) noncash investing and financing transactions section.

---

Definitions:

Interface

A programming structure that allows the computer to enforce certain properties on an object (in Java, C#, etc.), or a medium through which user interacts with the machine.

Method Headings

The part of a method declaration in programming that specifies the method name, return type, and any parameters.

Class

A blueprint for creating objects in object-oriented programming, consisting of methods and attributes.

AddWindowListener

A method used in Java to add an event listener to a window, allowing the program to respond to window events, such as opening or closing.