The purchase of long-term assets by issuing debt is recorded as both an investing activity and a financing activity.
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Q2: Investing activities include cash transactions involving the
Q13: A loss on the sale of long-term
Q14: Transactions that don't increase or decrease cash,but
Q16: Financing activities include cash receipts and cash
Q17: Since depreciation expense reduces net income,companies will
Q18: We record dividends paid as a financing
Q20: A gain on the sale of long-term
Q22: If no cash was exchanged in the
Q23: We calculate cash return on assets as
Q38: We can find most financing activities by
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