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QUESTION 14 Which one of the following transactions does not affect cash? Oa Declaring cash...

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QUESTION 14 Which one of the following transactions does not affect cash? Oa Declaring cash dividends Ob. Issuance of common stock . Acquisition of treasury stock d. Retirement of bonds payable QUESTION 15 What does inventory turnover measure? O a. The number of days of inventory on hand at the end of the accounting period O b. The amount of cash tied up in inventory O C. The number of times average inventory was sold during the year O d. The profitability of selling inventory items

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