Which of the following need not be disclosed in a statement of cash flows as a noncash exchange?
A) Dividend paid in capital stock of the company (stock dividend).
B) Acquisition of fixed assets in exchange for capital stock
C) Retirement of a bond issue through the issuance of another bond issue
D) Conversion of convertible debt to capital stock

Question

Quizplus · Accepted Answer

Noncash exchanges like issuing stock dividends do not affect cash flows and thus are not required to be disclosed in the statement of cash flows.

Which of the Following Need Not Be Disclosed in a Statement