Common stock in exchange for a warehouse would be reported in the statement of cash flows in:
A)a separate schedule.
B)operating activities.
C)financing activities.
D)investing activities.

Question

Quizplus · Accepted Answer

Exchanging common stock for a warehouse is a non-cash transaction and would not appear in the main body of the statement of cash flows. Instead, it is typically reported in a separate schedule or note to the financial statements to provide details of non-cash investing and financing activities.

Common Stock in Exchange for a Warehouse Would Be Reported