Which of the Following Would Not Be Presented in the Financing

question 61

Multiple Choice

Which of the following would not be presented in the financing section of the statement of cash flows?

• A)Purchased a new office building.
• B)Purchased treasury stock.
• C)Repayment of long-term bonds payable.
• D)Issuing of preferred stock.

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Definitions:

Imports

Products and services imported into a country from overseas to be sold.

Financial Assets

Assets that derive value because of a contractual claim, such as stocks, bonds, and bank deposits.

Current Account

A component of a country's balance of payments that measures the trade of goods and services, net earnings on investments, and transfer payments.

Tangible Products

Physical items that can be seen, touched, and used, as opposed to services or digital goods.