bewellplus.gsu.edu
Kennifatzy Kennifatzy
  • 03-03-2017
  • Business
Answered

Hanover, inc. purchased land through the issuance of long-term bonds. how is this reported on the statement of cash flows?

Verified Answer :

Hagrid
Hagrid Hagrid
  • 11-03-2017

The purchase of land by Hanover, Inc. through the issuance of long term bonds should be reported on the statement of cash flows as
significant non cash investing and financing activity that merits disclosure.

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