In preparing a Statement of Cash Flows, you encountered the following transaction of February 1, 2013: acquired a small office building in exchange for 5,000 of our common shares; market value $15 per share. How should this transaction be reported on the Statement of Cash Flows?

Answer rating: 100% (QA)

The transaction of acquiring a small office building in exchange for 5000 common shares should be re... View the full answer