Which of the Following Transactions Would Be Reported in the Cash

question 63

Multiple Choice

Which of the following transactions would be reported in the cash flows from investing activities section in the statement of cash flows for the Haleem Company?

• A)Haleem sold a piece of land for $500, 000.
• B)Haleem borrowed $2, 000, 000.
• C)Haleem issued common stock for $800, 000 to investors.
• D)Haleem paid a cash dividend to its stockholders.

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Definitions:

Depreciation

The reduction in the value of an asset over time due to wear and tear or obsolescence.

Dollar

The basic monetary unit used in the United States and other countries, symbolized by $.

Exports

Goods or services produced in one country and sold to buyers in another country.

Financial Account

Refers to a component of a country's balance of payments that records investments and financial transactions, including investments in foreign securities and direct investments.