Question

Which of the following would be reported on a cash flow statement as an investing activity? Select one: a. Declaration of a cash dividend b. Payment of a cash dividend c. Sale of land for cash d. Issuance of bonds

Answer 1

Answer:

C- Sale of land for cash.

Explanation:

Since, cash would be generated from the sale, and it would be invested in buying something else like stocks or an asset, It would be included in the portion of investing activity in the cash flow statement.