Which of the following statements are true? Payments made for the purchase of fixed assets...
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Accounting
Which of the following statements are true?
Payments made for the purchase of fixed assets would be included in the financing activities section of the cash flow statement.
Cash flows from financing activities are related to changes in a company's long-term liabilities and stockholder's equity.
All of these statements are true.
The sale of intangible assets would be included in the investing activities section of the cash flow statement
. If a company issues common stock to payoff a long-term debt it would report this transaction at the bottom of its cash flow statement.
Cash received from the issuance of preferred stock would be included in the financing activities section of the cash flow statement.
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