Transnational Company is looking for additional capital in order to purchase a property to build their headquarters. They found an investor who was willing to sell them land worth $500,000 in exchange for stock in the company. This transaction would be shown in the financing activities section of the statement of cash flows.
True
False
| False, since this transation does not involve any cash inflow/outflows , it should not be shown in main section of cash flows | |||||||||||
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