1. Which of the following would be reported in the statement of cash flows as a financing activity?
A) the firm liquidated inventory
B) firm paid dividends
C) The value of total assets
D) the firm depreciated an asset
E) firm issued bonds
F) the firm sold land
2. Normally, investment banks play a heavy role in capital market activities.
But how about standard commercial banks, such as Bank of America, Wells Fargo, etc. ?
Do they have activity in the capital markets ?
If so, what might they do ?