Which of the Following Should Be Shown on a Statement

question 123

Multiple Choice

Which of the following should be shown on a statement of cash flows under the financing activity section?

• A) the purchase of a long-term investment in the common stock of another company
• B) the payment of cash to retire a long-term note
• C) the proceeds from the sale of a building
• D) the issuance of a long-term note to acquire land

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Definitions:

Mean

The arithmetic average of a set of numbers, calculated by adding up all the values and dividing by the count of numbers.

Variance

A statistical measure that determines the spread of numbers in a data set by calculating the mean of the squared differences from the mean.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, commonly used in statistical analysis.

P(Z < 2)

The probability that a value Z, on a standard normal distribution, is less than 2.