Which of the Following Transactions Would Be Shown in the Non-Cash

question 72

Multiple Choice

Which of the following transactions would be shown in the non-cash investing and financing activities section of the statement of cash flows?

• A) sold equipment with book value of $8,000 in exchange for $8,000 cash
• B) borrowed $32,000 cash on a note payable
• C) issued 15,000 shares of common stock at $3 per share
• D) purchased a building in exchange for 20,000 shares of common stock

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Definitions:

Central Route

A method of persuasion that involves deeply processing the content of the message, leading to lasting attitude change.

Cognitive Dissonance

A state of mental discomfort occurring when a person holds conflicting beliefs, attitudes, or values, leading to motivation to reduce the dissonance.

Attitude Accessibility

The ease with which an attitude can be retrieved from memory, impacting how quickly and consistently it influences an individual's response to related objects or situations.

Implicit Attitudes

Unconscious beliefs or feelings that may influence behavior and understanding, without conscious awareness.