Transnational Company just started in business and was looking for additional capital in order to purchase a property to build their headquarters. They found an investor who was willing to sell them land worth $500,000 in exchange for stock in the company. How would this transaction be shown on the statement of cash flows?
A) In the investing activities section
B) In the noncash investing and financing activities section
C) In the operating activities section
D) In the financing activities section
Correct Answer:
Verified
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