In a statement of cash flows, proceeds from the issuance of common stock should be classified as cash inflows for
A)operating activities.
B)financing activities.
C)investing activities.
D)lending activities.
E)exchange transactions.

Question

Quizplus · Accepted Answer

Proceeds from the issuance of common stock reflect an injection of capital into the company and are considered financing activities, as they are related to the company's financing and capital structure.

In a Statement of Cash Flows, Proceeds from the Issuance