The note is noncurrent because it is due in two years. The cash flow is created from borrowing money, and categorized as a financing cash flow. AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-06 Identify investing and financing transactions and demonstrate how they impact cash flows. Topic Area: Focus on Cash Flows 111. Which of the following would result when a company sells additional shares of common stock for cash? Selling additional shares of stock increases common stock and additional paid-in capital. Financing cash flow activities include issuing common stock. AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-06 Identify investing and financing transactions and demonstrate how they impact cash flows. Topic Area: Focus on Cash Flows 112. Which of the following would result when a company purchases a factory building using cash?
The note is noncurrent because it is due in two years. The cash flow is created from borrowing money, and categorized as a financing cash flow. AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-06 Identify investing and financing transactions and demonstrate how they impact cash flows. Topic Area: Focus on Cash Flows 111. Which of the following would result when a company sells additional shares of common stock for cash? Selling additional shares of stock increases common stock and additional paid-in capital. Financing cash flow activities include issuing common stock. AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Understand Difficulty: 2 Medium Learning Objective: 02-06 Identify investing and financing transactions and demonstrate how they impact cash flows. Topic Area: Focus on Cash Flows 112. Which of the following would result when a company purchases a factory building using cash?
Test%20Bank%20for%20Financial%20Accounting%208th%20Edition%20Libby,%20Libby,%20Short.docx