A Business Bought Some Land for Future Expansion at a Cost

question 7

Multiple Choice

A business bought some land for future expansion at a cost of $100,000 and paid for it in full by issuing additional shares of capital stock. of the cash flow statement?

• A)It will not be reported in either the investing activities or the financing activities section.
• B)Only in the financing activities section.
• C)In both the investing activities and financing activities sections.
• D)Only in the investing activities section.

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Definitions:

Plasmids

Circular DNA molecules that can replicate independently of the chromosomal DNA, often found in bacteria and used in genetic engineering.

Vertical Gene Transfer

The transmission of genetic material from parent organisms to their offspring, following the traditional flow of genetic information.

Antibiotic Resistance

The ability of bacteria to withstand the effects of an antibiotic to which they were once sensitive.

Genetic Material

The DNA or RNA present in cells which codes for genetic information necessary for the development, functioning, and reproduction of living organisms.