Issuance of common stock to acquire land.
Answer: Option A
Explanation:
Non cash investing and financing activity is the activity which does not involve the cash in the payment and they do not directly affect cash. If a person wants to buy land but does not want to use cash for the transaction, then stocks can be issued for the same.
This transaction would be a non cash transaction because the stock is used instead of cash. Other example can be issuance of common stock to retire any long term debt.
