Which of the following transactions would be reported in the cash flows from investing activities section in the statement of cash flows for the Haleem Company?
A)Haleem sold a piece of land for $500, 000.
B)Haleem borrowed $2, 000, 000.
C)Haleem issued common stock for $800, 000 to investors.
D)Haleem paid a cash dividend to its stockholders.

Question

Quizplus · Accepted Answer

The sale of a piece of land is an investing activity, since it involves the purchase or disposal of non-current assets. The other transactions are financing activities (B and C) or operating activities (D).

Which of the Following Transactions Would Be Reported in the Cash