Klein Corp acquired land by issuing its common stock. How should this transaction be disclosed when a statement of cash flows is prepared?
a. In a supplemental schedule of noncash investing and financing activities or in a note.
b. The acquisition of land should be reported as an investing activity and the issuance of the stock as a financing activity.
c. Using the master T-account approach.
d. The transaction does not need to be disclosed.
a
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Johann, an accounting department manager, notices that one of his employees tends to show anger management issues when faced with a deadline. Which management method should Johann use in this situation?
a. coaching b. counseling c. disciplining d. confronting
The IRS scrutinizes related party transactions more carefully than transactions occurring in a public market.
Answer the following statement true (T) or false (F)
The ________ on an asset is the expected return on the asset in excess of the return on a risk-free asset
A) risk premium B) covariance C) systematic risk D) beta
To maintain profits while offering the best industry pricing to customers, a furniture company decides to order materials in larger quantities to realize larger discounts on materials. The company is employing a ________ strategy.
A. low-cost B. unifying C. focused differentiation D. high-cost E. hypercompetition