Statement of Cash Flows

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May 9, 2007, 06:36 AM

chuckeeebeee

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Join Date: May 2007

Posts: 8

Statement of Cash Flows

Question: A company obtained a new building by issuing a combination of common stock and bonds payable. Regarding the statement of cash flows, how would this transaction be reported?
a. On a separate schedule accompanying the statement of cash flows
b. On a statement of cash flows as both an investing and financing activity
c. On a statement of cash flows as an investing activity, only
d. It would not be reported on the statement of cash flows
e. None of the above

I really need some help on this one. Thank you!

Answers

May 9, 2007, 12:07 PM	#2

CaptainForest Finance & Accounting Expert Join Date: Nov 2005 Location: Canada Posts: 3,658	Answer: D

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