Multiple Choice
Yanks Company acquired a building by issuing common stock with a market value of $490,000. This transaction would be recorded on the statement of cash flows as a(n) :
A) investing activity.
B) operating activity.
C) financing activity.
D) noncash investing and financing activity on a separate schedule on the statement of cash flows.
Correct Answer:

Verified
Correct Answer:
Verified
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