Category Fast answers

Which of the following would be reported on a statement of cash flows as a financing activity? A) Amortization expense B) Purchase of treasury stock C) Collection of notes receivable D) Sales of equipment

21) A stock split A) Has no effect on total stockholders’ equity B) Decreases assets and increases stockholders’ equity C) Increases assets and decrease stockholders’ equity D) Increases assets and stockholders’ equity 22) The payment of dividends will be reported…