Canada Company Needs to Purchase a Property to Build Their

question 160

Multiple Choice

Canada Company needs to purchase a property to build their headquarters.An investor is willing to exchange land with a market value of $700,000 for shares of common stock.On the statement of cash flows,this transaction would be shown as ________.

• A) investing activities
• B) non-cash investing and financing activities
• C) operating activities
• D) financing activities

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Definitions:

Situational Attribution

The process of attributing a person's behavior to external or situational factors, as opposed to internal dispositions.

Dispositional

Relating to inherent qualities or tendencies of a person's character or temperament.

Social Prescriptions

Norms and expectations that define appropriate behavior for individuals in various social positions and contexts.

Stable

A condition or state that is steady and unchanging, often used to describe an equilibrium in various contexts.