U.S. GAAP classifies all of the following as financing activities on the statement of cash flows except

a. cash inflows from issuance of bonds.
b. cash inflows from selling capital stock of the entity.
c. cash outflows to lender for interest.
d. cash outflows to repurchase capital stock of the entity.
e. cash outflows to repurchase bonds of the entity.


C

Business

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If a long-term investment suffers a permanent decline in value, a loss only has to be recorded if the investment is sold

Indicate whether the statement is true or false

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________ and their compounds are relative pronouns that relate or refer to persons

a. Who, whom, b. Which, whichever,

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