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Business, 16.04.2020 21:13 SmokeyRN

1. Which of the following transactions does not result in either a cash inflow or a cash outflow? A. A company purchased some of its own stock from a stockholder with cash. B. Depreciation of PPE. C. Payment of a cash dividend. D. Sale of equipment for cash. 2. Which of the following statements correctly describes the accounting for bonds that were issued at a premium? A. The effective rate is higher than the coupon rate. B. Each period, the interest expense is more than the coupon payment. C. The interest expense decreases over the life of the bonds. D. The coupon payments decreases over the life of the bond

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