19 of 24 Zina Inc. issued common shares in exchange for purchasing land. Which statement about this transaction is true? O A. It affects both investing and financing cash flows. OB. The transaction details should be disclosed in a note to the financial statements. O C. It should be reported as an investing activity. OD. It should be reported as a financing activity. Unsure 20 of 24 Which of the following statements is correct regarding preferred shares? Marks O A. They must have a par value. B. They are never issued without voting privileges. O C. They cannot exist unless there also are common shares. OD. They always provide for a fixed payment to be made to the shareholders even for years when no dividends have been declared. Unsure