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Which of the following represents a cash inflow from financing activities?
Issuing stock in exchange for another company’s stock.
Paying a bond’s face value at maturity.
Issuing long-term bonds at a discount.
Receiving interest on promissory notes.
Expert Answer
| Issuing long term bonds at a discount- answer
issuing stock in exchange for another company’s stock is a non cash financing activity payment of bonds face value at maturity is cash outflow receiving interest on promissory note is an operating activity |
