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