QUESTION 14 Which one of the following transactions does not affect cash? Oa Declaring cash dividends Ob. Issuance of common stock . Acquisition of treasury stock d. Retirement of bonds payable QUESTION 15 What does inventory turnover measure? O a. The number of days of inventory on hand at the end of the accounting period O b. The amount of cash tied up in inventory O C. The number of times average inventory was sold during the year O d. The profitability of selling inventory items