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Which of the following statements is true? Purchase of equipment is a cash outflow for investing activities. Amortization expense is added to cash from financing
Which of the following statements is true? Purchase of equipment is a cash outflow for investing activities. Amortization expense is added to cash from financing activities. Cash received from accounts receivable is a cash inflow from financing. Purchase of treasury stock is a cash outflow for operating activities. The following information is from Z, Inc.'s December 31, 2011 annual report: Cash paid for interest on Z, Inc.'s statement of cash flows equals ____. $30,000 $28.000 $33,000 $32,000 When a bond sells at a premium, its stated interest rate is_____. equal to the market rate of interest greater than the market rate of interest less than the market rate of interest irrelevant to investors
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