Final answer:
Noncash investing and financing activities involve transactions that don't involve cash but affect a company's financial position. Six examples include purchasing equipment using a loan, converting debt into equity, issuing stock options to employees, acquiring a business through the issuance of bonds, exchanging non-monetary assets, and providing services in exchange for equity.
Step-by-step explanation:
Noncash investing and financing activities are transactions that do not involve the exchange of cash but still impact a company's financial position. Here are six examples of noncash investing and financing activities:
- Purchase of equipment using a loan
- Conversion of debt into equity
- Issuance of stock options to employees
- Acquisition of a business through the issuance of bonds
- Exchange of non-monetary assets
- Provision of services in exchange for equity