Which of the following events would not result in a cash inflow?
A)sale of preferred stock
B)common stock issued as a stock dividend
C)reissuance of treasury stock
D)loss of building destroyed by fire but partially reimbursed by insurance

Question

Quizplus · Accepted Answer

Issuing common stock as a stock dividend does not result in a cash inflow. Instead, it simply redistributes a portion of the company's retained earnings to its shareholders in the form of additional shares of stock.

Which of the Following Events Would Not Result in a Cash