If a Company Purchases Land with Its Common Stock,and No

question 31

Multiple Choice

If a company purchases land with its common stock,and no cash changes hands,where would this activity be presented on the statement of cash flows?

• A)The financing section of the statement of cash flows.
• B)The investing section of the statement of cash flows.
• C)The operating section of the statement of cash flows.
• D)A note below the statement of cash flows.
• E)None of the answer choices is correct.

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Definitions:

Evaluative Criteria

Standards or benchmarks that consumers use to compare and assess the merit or value of products and services.

Supplier Development

A business strategy where buying firms work closely with their suppliers to improve the supplier's product or service quality, efficiency, and effectiveness.

Organizational Buyers

Entities that purchase goods and services for use in the production of other products or services, for resale, or for organizational operation.

Buyer's Needs

The requirements or desires that consumers have when looking to purchase products or services.