Which of the following is not a non-cash activity?a. Issue of shares to purchase assets.b. Issue of debt to purchase assets.c. Payment of cash dividends.d. Exchange of property, plant and equipment.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
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Problem 1MC: Which of the following would be considered a cash outflow for investing activities? a. cash paid to...
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Which of the following is not a non-cash activity?a. Issue of shares to purchase assets.b. Issue of debt to purchase assets.c. Payment of cash dividends.d. Exchange of property, plant and equipment.

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