Hanover, Inc. purchased land through the issuance of long-term bonds. How is this reported on the statement of cash flows?
A. Operating activity
B. Investing inflow
C. Financing outflow
D. Significant noncash investing and financing activity that merits disclosure
Ans: D. Significant noncash investing and financing activity that merits disclosure
Business
You might also like to view...
Historically, conventional distribution channels have provided channel leadership and have had the power to assign roles and manage conflict
Indicate whether the statement is true or false
Business
Writing a preliminary table of contents can be useful for writers because doing so helps writers ____________________
a. think about the document's organization b. justify the document's argument c. meet page requirements d. conduct research
Business