Matching
Match the following:
Premises:
Financing activity
Responses:
Proceeds from the sale of old machinery
Depreciation expense as a noncash item
Sale of new 30-year bonds
Change in cash balance
Correct Answer:
Premises:
Responses:
Proceeds from the sale of old machinery
Depreciation expense as a noncash item
Sale of new 30-year bonds
Change in cash balance
Premises:
Proceeds from the sale of old machinery
Depreciation expense as a noncash item
Sale of new 30-year bonds
Change in cash balance
Responses:
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