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While Preparing a Statement of Cash Flows,you Encountered the Following

question 28

Essay

While preparing a statement of cash flows,you encountered the following transaction:
February 1,2019: Battle Corporation acquired a small
office building in exchange for 50,000 shares of its own common stock;par value $10 per share;market value $15 per share.
Should this transaction be shown on the statement of cash flows? Why or why not?


Definitions:

Unpleasant Events

Incidents or occurrences that cause discomfort, distress, or unhappiness.

Partial Reinforcement

One of several reinforcement schedules in which not every correct response is reinforced.

Resistant to Extinction

Refers to the persistence of learned behaviors or responses after the reinforcement has been eliminated.

Rewarded Behavior

Actions that are positively reinforced, increasing the likelihood of their recurrence.

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