Purpose of constructing a statement of cash flows
Which of the following would be considered a "use" of cash for purpose of constructing a statement of cash flows?
a. selling the company's own common stock to investors.
b. issuing long-term debt.
c. purchasing equipment.
d. amortizing a patent.
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CBA Company reported total stockholders' equity of $85,000 on its balance sheet dated December 31, 2010. During the year ended December 31, 2011, CBA reported net income of $10,000, declared and paid a cash dividend of $2,000, and issued additiona
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