A company purchased machinery by issuing a long-term note payable. This is an example of a non-cash investing and financing activity for the statement of cash flows

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is TRUE for certificate of deposit (CD) in relation to its time horizon and liquidity?

a. short-term and liquid b. long-term and liquid c. short-term and not liquid d. long-term and not liquid

Business

Stock options and warrants differ from convertible debt and preferred stock in that they generally provide cash to the issuing entity

Indicate whether the statement is true or false.

Business