Which of the following would be classified as an investing activity on the statement of cash flows?
A)Cash received from sale of land.
B)Cash paid for interest.
C)Cash received from stock issuance.
D)Dividends paid.

Question

Quizplus · Accepted Answer

Cash received from sale of land is an investing activity because it represents a cash inflow from the sale of a long-term asset. B, C, and D are not investing activities; cash paid for interest is an operating activity, cash received from stock issuance is a financing activity, and dividends paid are also a financing activity.

Which of the Following Would Be Classified as an Investing