Question
Preferred stock issued in exchange for land would be reported
in the statement of cash flows in
a. The cash flows from operating activities section.
b. The cash flows from financing activities section.
c. A separate schedule.
d. The cash flows from investing activities section.
Cash paid to purchase long-term investments would be reported
in the statement of cash flows in
a. The cash flows from operating activities section.
b. A separate schedule.
c. The cash flows from investing activities section.
d. The cash flows from financing activities section.
Which of the following represents an inflow of cash and
therefore would be reported on the statement of cash flows?
a. Issuance of long-term debt
b. Acquisition of treasury stock
c. Retirement of bond payable
d. Declaration of stock dividends A ten-year bond was issued
at par for $250,000 cash.
This transaction should be shown on a statement of cash flows
undera. Financing activities.
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