Cash inflows from investing result from
a. decreases in liabilities.
b. increases in liabilities.
c. decreases in noncash assets.
d. increases in noncash assets.
C
Business
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The accounting profession has recommended that companies use the word reserve only to describe amounts deducted from assets.
a. true b. false
Business
A requirement in the bond indenture that the firm pay off a portion of the bond issue each year is called
A) a sinking fund. B) a call provision. C) a restrictive covenant. D) a shelf registration.
Business