Author Question: A corporation sold a fixed asset for 100,000. This is ________. A) an investment cash flow and a ... (Read 69 times)

londonang · **on:** Jul 10, 2018

A corporation sold a fixed asset for 100,000. This is ________.

A) an investment cash flow and a source of funds
B) an operating cash flow and a source of funds
C) an operating cash flow and a use of funds
D) an investment cash flow and a use of funds

Question 2

Which of the following is true of outstanding shares?

A) A firm cannot sell more shares than the outstanding shares mentioned in the charter.
B) Authorized shares become outstanding shares when they are issued or sold to investors.
C) Outstanding shares are indicated in a firm's corporate charter.
D) Outstanding shares are the shares repurchased by the firm.