In a statement of cash flows, which of the following would be classified as an investing activity?
a. The sale of the company's own common stock for cash.
b. Interest paid to a lender.
c. The sale of equipment.
d. The issuance of bonds payable.
In capital budgeting computations, discounted cash flow methods:
a. assume that all cash flows occur at the beginning of a period.
b. automatically provide for recovery of initial investment.
c. can't be used unless cash flows are uniform from year to year.
d. ignore all cash flows after the payback period.