Which of the following is a noncash investing and financing activity?
a.payment of a six-month note payable issuance of common stock to acquire land
b.payment of a cash dividend purchase of inventory on account

Question

15-08-2019
Business

contestada

Which of the following is a noncash investing and financing activity?
a.payment of a six-month note payable issuance of common stock to acquire land
b.payment of a cash dividend purchase of inventory on account

Respuesta :

Otras preguntas

the belief that people who dislike one another will get along if they get to know one another is known as the ____. a. cooperation assumption b. equal status t

What is the climax of the passage? Mason was walking through the mall, wondering what he should buy for his mother. Today was her birthday. Mason had struggled

What is the value of a2 - b when a = 5 and b = -2 ?

After the optimism of the Renaissance, neoclassical writers strived for structure, order, and balance. The cultural trend changed from the belief that people we

Of what historic importance in Titusville, Pennsylvania?

Wordly Wise book 9, exercise 7C. Complete the analogies by selecting the pair of words whose relationship most resembles the relationship of the pair in capital

What is a story problem that involves multiplying a decimal less then 2 by a decimal less then 1.

What is the measure of ∠ABD?

Oliver read for 450 minutes this month. His goal is to read for 10% more minutes next month.

Supposed to pay $32 for a pair of shoes that was originally $40 what was the percent of the decrease in price of the shoes set up a proportion and solve.[Please

DelcieRiveria DelcieRiveria · Answer 1 · 2019-08-19T14:32:11+02:00

Answer:

Issuance of common stock to acquire land is a non-cash investing and financial activity.

Explanation:

Payment of note payable, payment of cash dividend and purchase of inventory on account all involve cash transactions.

Here, the issuance of common stock is a financial activity. Acquiring land can be categorized as an investing activity. To acquire land common stock is issued, cash is not involved.

So, the issuance of common stock to acquire land is non-cash investing and financial activity.

Which of the following is a noncash investing and financing activity? a.payment of a six-month note payable issuance of common stock to acquire land b.payment of a cash dividend purchase of inventory on account

Respuesta :

Otras preguntas

Which of the following is a noncash investing and financing activity?
a.payment of a six-month note payable issuance of common stock to acquire land
b.payment of a cash dividend purchase of inventory on account