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Which of the following transactions would not create a cash flow? a.) Sale of equipment at book value (i.e. no gain or loss). b.) Declaration
Which of the following transactions would not create a cash flow?
a.) Sale of equipment at book value (i.e. no gain or loss).
b.) Declaration of a cash dividend.
c.) Purchase of a patent.
d.) The company purchased some of its own stock from a stockholder.
e.) All of the above create cash flows.
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