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If a Company Purchases Land with Its Common Stock,and No

Question 31

Multiple Choice

If a company purchases land with its common stock,and no cash changes hands,where would this activity be presented on the statement of cash flows?


A) The financing section of the statement of cash flows.
B) The investing section of the statement of cash flows.
C) The operating section of the statement of cash flows.
D) A note below the statement of cash flows.
E) None of the answer choices is correct.

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