Which of these represent a payment of a nonmarketed claim on a firm's cash flows?
I.Payment of a customer's liability claim
II.Principal repayment of a bond
III.Federal corporate tax payment
IV.Dividend payment
A)II only
B)I only
C)II and IV only
D)I and III only
E)I,II,and III only

Question

Quizplus · Accepted Answer

Nonmarketed claims are obligations that do not have a secondary market. A customer's liability claim and federal corporate tax payment are nonmarketed claims on a firm's cash flows.

Which of These Represent a Payment of a Nonmarketed Claim