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31 March, 01:16

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. 31 March, 02:05
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    the correct answer is

    c. a separate schedule
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