Second Harvest Tractors sold 10,000 shares of new stock last year. How would this be classified on a cash flow statement?

Name: Second Harvest Tractors sold 10,000 shares of new stock last year. How would this be classified on a cash flow statement?
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Question

Quizplus · Accepted Answer

Selling shares of stock is a financing activity because it involves raising capital for the company's operations. Financing activities are transactions that result in changes in the size and composition of the equity capital or borrowings of the entity.

Second Harvest Tractors Sold 10,000 Shares of New Stock Last