Kennifatzy Kennifatzy

03-03-2017
Business

contestada

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

Respuesta :

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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