s Which of the following would be classified as an investing activity on a state

Question

s Which of the following would be classified as an investing activity on a statement of cash flows? A Cash used to repay principal amounts borrowed B Cash received from the sale of a land C Cash received from dividends D Cash paid for interest Sunshine Corporation has 2,000,000 authorized shares of $4 par-value common stock, with 400,000 shares issued and outstanding. After a 2-for-1 stock split, Archer Corporation would have: A1,000,000 shares of common stock issued and outstanding at $8 par B 800,000 shares of common stock issued and outstanding at $2 par C 200,000 shares of common stock issued and outstanding at $8 par D 4,000,000 shares of common stock issued and outstanding at $2 par 6

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer and please give thumbs up   Statementshowing Computations Paticulars Q5 B Cash received from the sale of a land Q6 B 800,000 shares of common stock issued and outstanding at $2 Par

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