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Yanks Company Acquired a Building by Issuing Common Stock with a Market

Question 44

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.

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