Cash proceeds from a new stock issue is a(n)________ activity on the statement of cash flows.
A)operating
B)investing
C)financing
D)indirect

Question

Quizplus · Accepted Answer

Cash proceeds from a new stock issue is a financing activity as it involves raising funds by issuing new shares to investors, which is a source of external financing for the company. It is reported in the financing section of the statement of cash flows.

Cash Proceeds from a New Stock Issue Is A(n)________ Activity