Use This Information to Answer the Following Question

question 22

Multiple Choice

Use this information to answer the following question. Northbrook Corporation is preparing a statement of cash flows.The following transactions occurred during the year:
1) Sold machinery for $9,000 cash.
2) Purchased a building for $80,000 cash.
3) Issued $70,000 worth of stock to acquire an airplane.
4) Converted long-term bonds by issuing $100,000 worth of stock.
5) Declared and paid a $10,000 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:

Indirection Operator

In programming languages like C, it's the '*' operator used to dereference pointer variables, accessing the value at the pointer's address.

Offset

The distance or difference between a specific position and a fixed point, often used in accessing array elements or memory locations.

Address Operator

In programming, an operator used to determine the memory address of a variable.

Variable Pointed

Refers to the specific variable or memory location that a pointer variable is currently pointing to.