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

Question

Quizplus · Accepted Answer

Issuing common stock as a stock dividend does not result in a cash inflow because it is essentially a distribution of additional shares to existing shareholders, not a transaction that brings in cash to the company.

Which of the Following Events Would Not Result in a Cash