The Do Good Foundation received 200 shares of Big Company stock from a donor who...
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The Do Good Foundation received shares of Big Company stock from a donor who designated the proceeds from the sale of the shares for the construction of a new administration building. The shares were sold for $ On its statement of cash flows, the proceeds from the sale would be classified as:aCash flows from operating activities.bCash flows from investing activities.cCash flows from financing activities.dCash flows from capital financing activities.
The Do Good Foundation received shares of Big Company stock from a donor who designated the proceeds from the sale of the shares for the construction of a new administration building. The shares were sold for $ On its statement of cash flows, the proceeds from the sale would be classified as:
a
Cash flows from operating activities.
b
Cash flows from investing activities.
c
Cash flows from financing activities.
d
Cash flows from capital financing activities.
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