Which of the following transactions does not result in either a cash inflow or a cash outflow?
A)A company purchased some of its own stock from a stockholder.
B)Amortization of a patent.
C)Payment of a cash dividend.
D)Sale of equipment at book value.

Question

Quizplus · Accepted Answer

Amortization is a non-cash expense and does not result in a cash inflow or outflow. The other options either result in a cash inflow (selling equipment) or a cash outflow (purchasing stock or paying a dividend).

Which of the Following Transactions Does Not Result in Either