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Issuing shares of stock in exchange for cash is an example of a(n): - delivering...

Question:

Issuing shares of stock in exchange for cash is an example of a(n):

- delivering activity.

- investing activity.

- financing activity.

- operating activity.

Statement of Cash Flows:

One of the financial statements or reports that is prepared at year-end is the statement of cash flows. This shows the company's cash position during the period, which is the cash inflows and cash outflows.

Answer and Explanation: 1

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The correct answer is financing activity.


Financing activity is a cash transaction that is related to the equity and long-term liabilities of the...

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The Statement of Cash Flows: Purpose, Format & Examples

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Chapter 2 / Lesson 4
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Learn about statements of cash flows. Discover what a cash flow statement is and see the indirect method statement of cash flows, net cash flows, and other examples.


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