A corporation is the oldest form of business organization

The global capital market has grown rapidly due to widespread ________ of financial instruments, which results in the conversion of illiquid financial instruments, such as bank loans, into tradable securities, such as bonds

A) debt consolidation B) factoring C) securitization D) multilateral netting

Using the Indirect Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the indirect method. When using the indirect method, where is the issuance of stock to retire a long-term debt shown on the statement of cash flows?

A) Operating activity B) Investing activity C) Financing activity D) Noncash investing or financing activity