Which of the following is a cash outflow for a financing activity on the statement of cash flows?
A) purchase of long-term investments, such as the stock of another company
B) loans made to another party
C) purchase of treasury stock
D) purchase of land
C
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Innovation and Entrepreneurship activity help increase economic activity by:
a) strengthening business infrastructure b) creating new products and markets c) providing more authority to government officials d) eliminating state-run enterprises
Under TILA guidelines, all of the following disclosures are provided for an adjustable-rate loan, except:
a. Frequency of changes in the annual percentage rate b. Possibility of changes in the payment amount over time c. The index used to determine rate adjustments d. Statement that the interest rate will be offered for the duration of the loan