The Issuance of Common Stock in Exchange for Cash Will

question 74

Multiple Choice

The issuance of common stock in exchange for cash will:

• A) appear in the financing activities section of the statement of cash flows.
• B) appear in the operating activities section of the statement of cash flows.
• C) appear in the investing activities section of the statement of cash flows.
• D) not appear on the statement of cash flows.

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Definitions:

SUMIFS

A function in Excel that adds all of its arguments that meet multiple criteria.

Trig Functions

Mathematical functions related to angles of triangles, including sin, cos, and tan.

CONCAT

A function in many programming languages and databases used to join two or more strings together.

Statistical Functions

Functions built into software that perform calculations on data sets for the purpose of statistical analysis, such as mean, median, variance, and standard deviation.