29. In preparing a statement of cash flows, whic an operating activity? a. Sale of equipment b. Taking out a bank loan

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
8th Edition
ISBN:9781285065137
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter3: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
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29. In preparing a statement of cash flows, which of the following transactions would be considered
an operating activity?
a. Sale of equipment
b. Taking out a bank loan
c. Sale of merchandise on credit
d. Declaration of a cash dividend
Transcribed Image Text:29. In preparing a statement of cash flows, which of the following transactions would be considered an operating activity? a. Sale of equipment b. Taking out a bank loan c. Sale of merchandise on credit d. Declaration of a cash dividend
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