Which of the Following Transactions Would Be Reported in the Cash

question 42

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 Harlem Company?

• A) Harlem sold a piece of land for $600,000.
• B) Harlem borrowed $3,000,000
• C) Harlem issued common stock for $700,000 to investors.
• D) Harlem paid a cash dividend to its stockholders.

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Definitions:

Multiple Locations

Multiple locations refer to the presence or operation of entities, activities, or processes in more than one geographical area, highlighting the scope or distribution of certain actions.

Prestige

The respect and admiration that an individual or organization gains based on achievements or quality.

Politician

An individual who is involved in influencing public policy and decision making through election or appointment to a governmental office.

Policy

A course or principle of action adopted or proposed by an organization or individual, typically aimed at achieving specific goals.