Malone, Inc. sold bonds of Goodwin Enterprises and also issued 10-year term bonds to raise...
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Malone, Inc. sold bonds of Goodwin Enterprises and also issued 10-year term bonds to raise money for an expansion. What is the difference between these transactions?
a)Selling the bonds of Goodwin Enterprises would be cash inflow from financing activities, whereas issuing bonds would be cash inflow from operating activities.
b)Selling the bonds of Goodwin Enterprises would be cash inflow from investing activities, whereas issuing bonds would be cash inflow from financing activities.
c)Selling the bonds of Goodwin Enterprises would be cash inflow from operating activities, whereas issuing bonds would be cash inflow from investing activities.
d)Selling the bonds of Goodwin Enterprises would be cash inflow from investing activities, whereas issuing bonds would be cash inflow from operating activities.
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