Question

A statement of cash flows, including footnotes, typically would not include which item? Select one: a....

A statement of cash flows, including footnotes, typically would not include which item?

Select one:

a. Capital stock issued at an amount greater than par value

b. Issuance of stock in exchange for new equipment

c. Cash dividends paid

d. A retirement of treasury stock

e. A building purchase; mortgage obtained from financial institution

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Answer #1

B is the right answer because stock is issued while purchasing new equipment

no outflow or inflow of cash

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