February 22, 2017

Homework Help: Investing

Posted by Judy on Sunday, November 1, 2009 at 2:28am.

In a statement of cash flows, the cash flows from investing activities section should report
a.the issuance of common stock in exchange for a factory building.
b.stock dividends received.
c.a major repair to machinery charged to accumulated depreciation.
d.the assignment of accounts receivable.
Is C correct? Since the investing has to do with current assets on the balance sheet.

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