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How would the issuance of a mortgage note in exchange

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Reference no: EM132495703

Question 1: How would the issuance of a mortgage note in exchange for a building be reported on the statement of cash flows?

Multiple Choice

Option 1: Operating activity

Option 2: Noncash financing and investing activity

Option 3: Investing activity

Option 4: Financing activity

Reference no: EM132495703

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