A company issued 1,000 shares of $10 par value common stock due to a previously declared stock dividend; the market value at both the date of declaration and distribution was $12 per share. Which of the following correctly describes the reporting of this stock issue within the financing activities section of the cash flow statement?
A. A cash outflow of $10,000.
B. A cash outflow of $12,000.
C. A cash outflow of $2,000.
D. There is no cash flow.
Answer: D
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Indicate whether the statement is true or false
A major difference between committed and discretionary fixed costs is that
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