Title: Michael's Industries purchased some land in exchange for 1,000 shares of Michael's voting common ... Post by: justxdrive on Feb 5, 2023 Michael's Industries purchased some land in exchange for 1,000 shares of Michael's voting common stock with a market value of $15 each. How will this transaction be reported on the statement of cash flows?
▸ As a non-cash investing and financing transaction ▸ As a use of cash in the investing section and a source of financing in the financing section ▸ As a non-cash financing transaction ▸ As a non-cash investing transaction Title: Michael's Industries purchased some land in exchange for 1,000 shares of Michael's voting common ... Post by: linakhalaf on Feb 5, 2023 Content hidden
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