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chuckeeebeee
May 4, 2007, 11:29 PM
Hi. Which of the following transactions would be considered an investing activity?
a. Issuing common stock for cash
b. Purchase of a new piece of equipment
c. Retiring bonds before their maturity date at less than par value
d. Issuing bonds at a discount
e. The sale of inventory to a customer for cash.

I really appreciate any help in answering this questions.

CaptainForest
May 4, 2007, 11:41 PM
Answer: B

venugopalarao
May 5, 2007, 03:11 AM
The answer is purchase of a new piece of equipment