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(3 points) If common stock was issued to acquire a $23,087,000 machine, how would the transaction appear on the Statement of Cash Flows? (AC
(3 points) If common stock was issued to acquire a $23,087,000 machine, how would the transaction appear on the Statement of Cash Flows? (AC 23) It would not appear on the Statement of Cash Flows It depends on whether the company is using the direct or indirect method. It would be a positive $23,087,000 in the financing section. It would be a positive $23,087,000 in the investing section.
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