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Which of the following should be shown on a statement of cash flows under the financing...

Which of the following should be shown on a statement of cash flows under the financing activities section? the proceeds from the sale of a building the purchase of a long-term investment in the common stock of another company the payment of cash to retire a long-term note the issuance of a long-term note to acquire land

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Answer #1
The payment of cash to retire a long-term note should be shown on a statement of cash flows under the financing activities section.
The proceeds from the sale of a building the purchase of a long-term investment in the common stock of another company are investing activities cash flows.
The issuance of a long-term note to acquire land is a non cash activity.
Option C the payment of cash to retire a long-term note is correct
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