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4. Which of the following items would not be reported in the financing activities section of the statement of cash flows? A) payment of dividends
4. Which of the following items would not be reported in the financing activities section of the statement of cash flows? A) payment of dividends B) receipt from note receivable C) resale of treasury stock D) retirement of bonds payable 5. Which of the following is a debt security for which management has both the positive intent and ability to hold the debt investment until all principal and interest is fully paid? A) trading security B) held-to-maturity security C) available-for-sale security D) Not enough information to classify this security. 6. Carly Enterprises purchased 1,000 shares of the 1,000,000 common shares outstanding in Crush Inc. Carly intends to hold onto this investment for the foreseeable future. How should this investment be classified on the books of Carly? A) held-to-maturity equity investment B) held-to-maturity debt investment C) available-for-sale equity investment D) trading equity investment
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