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    plummy's Avatar
    plummy Posts: 3, Reputation: 1
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    #1

    Nov 27, 2009, 07:43 AM
    Statement of cash flow
    What classification does issance of preferred stock for cash fall under
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Nov 27, 2009, 05:20 PM

    All activities that involve long-term debt and equities are financing activities. That is how a company is financed, and therefore activities related to these items are financing activities.
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