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14) Cash flows associated with the purchase and sale of fixed assets and business called interests are a operating flows. b. investment flows c financing

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14) Cash flows associated with the purchase and sale of fixed assets and business called interests are a operating flows. b. investment flows c financing flows. d. none of the above. 15) Cash disbursements may include all of the following EXCEPT a tax payments b. rent payments. d. fixed asset outlays. 16) You recently sold 200 shares of Disney stock, and the transfer was made through a broker This is an example of a. A money market transaction. b. A primary market transaction. c. A secondary market transaction. d. A futures market transaction 17) Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet? a. The company repurchases common stock. b. The company pays a dividend. c. The company issues new common stock. d. The company gives customers more time to pay their bills. 18) Which of the following items is NOT normally considered to be a current asset? a. Accounts receivable. b. Inventory c. Bonds. d. Cash. 19) Which of the following items cannot be found on a firm's balance sheet under current liabilities? a. Accounts payable. b. Short-term notes payable to the bank. c. Accrued wages. d. Cost of goods sold

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