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Leni [432]
4 years ago
15

Which of the following would be reported on a statement of cash flows as a financing​ activity?

Business
1 answer:
vladimir1956 [14]4 years ago
4 0

Answer:

C. Purchase of treasury stock

Explanation:

The purchase of treasury stock results in a change in the stockholder's equity and as such is recognized as a financing activity in the statement of cash flows.

For the other options, amortization expense is a non-cash item and is adjusted for in the net cash flows from operating activities.

Collection of notes receivable is a change in current assets hence it is reported under net cash flows from operating activities.

Sale of equipment is reported under net cash flows from investing activities.

Hence the right option is C. Purchase of treasury stock.

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Answer: B. regressive taxation

Explanation:

Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.

Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.

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Nata [24]

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Preparing a personal balance or statement of financial position helps get a handle on your financial well-being. A balance sheet
Vlada [557]

Answer:

1.Assets

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Stock Pension is a liquid asset

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net worth =$40000

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Liquid assets are assets that can be rapidly converted to cash

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