A corporation raises $500,000 in long-term debt to acquire additional plant capacity. This is considered as ________

A) an investment cash flow
B) a financing cash flow
C) a financing cash flow and investment cash flow, respectively
D) a financing cash flow and operating cash flow, respectively

C

Business

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Investor complaints against brokers are primarily handled through

A) binding arbitration. B) the federal court system. C) the state court system. D) the Federal Reserve system.

Business

At the beginning of the current year, Bridges Corporation has a net gain—Accumulated Other Comprehensive Net Income of $80,000,000. The Projected Benefit Obligation and the plan assets are $500,000,000 and $650,000,000 respectively. The average remaining service period for the employees to receive benefits is 15 years. What is the amount of amortization to pension expense for the year?

A) $1,000,000 B) $1,500,000 C) $2,000,000 D) $8,000,000

Business