Homework Answers
Your required answer is option B i.e. Cash outflow for purchase of Land.
Explanation:
Purchase of land is shown in investing activities as a outflow since purchase and sale of long term assets and liabilitie are classified into cash flow from investing activity.
Whereas Cash Inflow form Interest Revenue* and Cash outflow for purchase of supplies is shown in Operating activity.
Cash inflow from issuance of stock is a part of Cash flow from financing activity.
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