Which of the following should be presented in a statement of cash flows? Conversion of Conversion of
Long-term debt preferred stock
To common stock to common stock
A)No No
B)No Yes
C)Yes Yes
D)Yes No

Question

Quizplus · Accepted Answer

Conversion of long-term debt to common stock and conversion of preferred stock to common stock should be presented in the statement of cash flows as they involve changes in the company's capital structure and thus affect its cash flows.

Which of the Following Should Be Presented in a Statement