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Which of the following is NOT a significant non-cash transaction? a. capital (finance) lease obligations b. exchange of non-monetary assets c. conversion of preferred shares

Which of the following is NOT a significant non-cash transaction?

a. capital (finance) lease obligations

b. exchange of non-monetary assets

c. conversion of preferred shares to common shares

d. purchasing a building with a 10% cash down payment and mortgaging the balance

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