1?Treasury stock isStock of other corporations owned by a corporationA U.S. government securityA corporation’s own stock that will never be sold againA corporation’s own stock that has been reacquired and held for future use2?A firm’s net cash flow from operating activities includes:Cash received from sale of merchandiseCash received from issuance of common stockCash received from sale of equipmentCash received as payment of loan from a borrower3?To qualify as a cash equivalent, an investment must be:Convertible into a known cash amountconvertible into a known amount of cash within a 90-day periodconvertible to cash after a 90 day period
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