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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

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.

A. True

B. False

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