What acquisition of land by issuing common stock is

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problem 1: The acquisition of land by issuing common stock is

Option 1: only reported if the statement of cash flows is prepared using the direct method

Option 2: a cash transaction and would be reported in the body of a statement of cash flows

Option 3: a noncash transaction which is not reported in the body of a statement of cash flows

Option 4: a noncash transaction and would be reported in the body of a statement of cash flows

Reference no: EM132794237

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