In a statement of cash flows, which of the following would be reported in the cash flows from investing activities section?
A) issuance of common shares in exchange for a factory building
B) stock dividends received
C) development costs incurred (intangible asset)
D) declaration of cash dividends

Question

Quizplus · Accepted Answer

Development costs incurred for intangible assets would be reported in the cash flows from investing activities section. Issuance of common shares in exchange for a factory building would be reported in the cash flows from financing activities section, stock dividends received would be reported in the cash flows from operating activities section, and declaration of cash dividends would also be reported in the cash flows from financing activities section.

In a Statement of Cash Flows, Which of the Following