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Author Question: A corporation sold a fixed asset for 100,000. This is ________. A) an investment cash flow and a ... (Read 55 times)

londonang

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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.


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softEldritch

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

B


londonang

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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