Multiple Choice
Which of the following should be shown on a statement of cash flows under the financing activity section?
A) The purchase of a long-term investment in the common stock of another company
B) The payment of cash to retire a long-term note
C) The proceeds from the sale of a building
D) The issuance of a long-term note to acquire land
Correct Answer:
Verified
Correct Answer:
Verified
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