Question
Zack Corporation made an initial issue of 10,000 shares of $2 each to the public for cash. In the statement of cash flows, this activity
Zack Corporation made an initial issue of 10,000 shares of $2 each to the public for cash. In the statement of cash flows, this activity will be reported under _____.
a.cash flows from financing activities
b.cash flows from investing activities
c.cash flows from trading activities
d.cash flows from operating activities
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The Practice Of Modern Internal Auditing
Authors: Lawrence B Sawyer
2nd Edition
0894130927, 978-0894130922
