While Preparing a Statement of Cash Flows,you Encountered the Following

question 35

Essay

While preparing a statement of cash flows,you encountered the following transaction:
February 1,2011: Galvinize Corporation acquired a small office building in exchange for 5,000 shares of its own common stock; par value $10 per share; market value $15 per share.
A.Should this transaction be shown on the statement of cash flows?
B.Why or why not? 

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Definitions:

Etruscan Women

Women of the ancient Etruscan civilization, known for their relatively high status and freedom compared to women in contemporary Greek and Roman cultures.

Capitoline Wolf

A bronze sculpture depicting a scene from Roman mythology, specifically the she-wolf suckling the future founders of Rome, Romulus and Remus.

Etruscan Orientalizing

A phase in the early history of ancient Italy, characterized by the influence of Near Eastern art and motifs on Etruscan artifacts and architecture.

Apollo Of Veii

An ancient Etruscan terracotta statue representing the Greek god Apollo, found in the ruins near Veii, Italy.