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    chuckeeebeee's Avatar
    chuckeeebeee Posts: 10, Reputation: 1
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    #1

    May 9, 2007, 07:36 AM
    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!
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    May 9, 2007, 01:07 PM
    Answer: D

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