QUESTION 13

1. Which is an example of a cash flow from an investing activity?

   	a.	Receipt of cash from the sale of equipment.
   	b.	Receipt of cash from the issuance of bonds payable.
   	c.	Payment of cash to suppliers for inventory.
   	d.	Payment of cash to repurchase outstanding capital stock.

1 points

QUESTION 14

1. Pusan Company issued common stock for proceeds of $486,000 during 2019. The company paid dividends of $120,000 and issued a long-term note payable for $95,000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $5,000. The financing section of the statement of cash flows will report net cash inflows of

   	a.	$291,000.
   	b.	$266,000.
   	c.	$361,000.
   	d.	$456,000.