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    chuckeeebeee's Avatar
    chuckeeebeee Posts: 10, Reputation: 1
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    #1

    May 4, 2007, 11:29 PM
    What transactions are classified as an investing activity
    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's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    May 4, 2007, 11:41 PM
    Answer: B
    venugopalarao's Avatar
    venugopalarao Posts: 14, Reputation: 1
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    #3

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