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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.

  • Investing -

    Are these investments by an individual or a corporation?

    I don't see what machinery has to do with investing activities, or why a company would be getting stock dividends, unless it has a stake in another company.

  • Investing -

    b.stock dividends received.

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