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F Johnston
F Johnston , Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 2
Experience:  CPA, BS Accountancy, 25 years business expirence
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Which of the following is an inflow of cash A. the retirement

Customer Question

Which of the following is an inflow of cash?
A. the retirement of the firm's bonds
B. the sale of the firm's bonds
C. funds spent in normal business operations
D. the purchase of a new factory
Submitted: 7 years ago.
Category: Finance
Expert:  F Johnston replied 7 years ago.

B. the sale of the firm's bonds would be the only one of these that is an inflow of cash. Cash would be received when they sold the bonds

 

Retiement of bonds, funds spent in normal business operations and purchase of a new factory would all be cash outflows.

 

Thanks