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22 April, 22:17

A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported on the statement of cash flows in: a. the cash flows from investing activities section. b. the cash flows from financing activities section. c. a separate schedule. d. the cash flows from operating activities section.

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  1. 22 April, 22:31
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    the correct answer is

    c. a separate schedule
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