Which activity would purchase affect in cash flow statement

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Reference no: EM132964620

Problem 1: XYZ Pty Ltd purchased a block of land in exchange for ordinary shares. Which activity would this purchase affect in the cash flow statement?

Select one:

a. It will not affect any activity
b. It affect operating activities
c. It affect investing activities
d. It affect financing activities.

Reference no: EM132964620

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