Investing Activities Do Not Include The

question 103

Multiple Choice

Investing activities do not include the:

• A)Purchase of plant assets.
• B)Lending and collecting on notes receivable.
• C)Issuance of common stock.
• D)Sale of plant assets.
• E)Sale of short-term investments other than cash equivalents.

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Definitions:

Continental Army

The revolutionary war army authorized by the Continental Congress in 1775, led by General George Washington, to fight against British rule during the American Revolution.

Declaration of Independence

A seminal document adopted on July 4, 1776, by the thirteen American colonies declaring their independence from British rule.

Treaty of Paris

The 1783 agreement that ended the Revolutionary War, recognizing American independence and granting significant land territories to the United States from Great Britain.