Significant noncash transactions would not include a. conversion of bonds into common stock. b. asset acquisition through bond issuance. c. treasury stock acquisition. d. exchange of plant assets. The statement of cash flows a. must be prepared on a daily basis. b. summarizes the operating, financing, and investing activities of an entity. c. is another name for the income statement. d. is a special section of the income statement. Jean s Vegetable Market had the following transactions during 2016: I. Issued $50,000 of par value common stock for cash. II. Repaid a 6 year note payable in the amount of $22,000. III. Acquired land by issuing common stock of par value $100,000. IV. Declared and paid a cash dividend of $2,000. V. Sold a long-term investment (cost $3,000) for cash of $8,000. VI. Acquired an investment in IBM stock for cash of $15,000. What is the net cash provided (used) by investing activities? a. $15,000 b. $33,000 c. ($7,000) d. $8,000 Which of the following adjustments to convert net income to net cash provided by operating activities is not added to net income? a. Gain on Sale of Equipment b. Depreciation Expense c. Patent Amortization Expense d. Depletion Expense A measure that describes the cash remaining from operations after adjustment for capital expenditures and dividends is a. adjusted cash from operations. b. cash provided by operations. c. free cash flow. d. net cash provided by operating activities