In a statement of cash flows,receipts from sales of property,plant,and equipment would be classified as cash inflows from
A) liquidating activities.
B) operating activities.
C) investing activities.
D) financing activities.

Question

Quizplus · Accepted Answer

Receipts from sales of property, plant, and equipment represent the cash inflows resulting from investing activities, which include the acquisition and disposal of long-term assets.

In a Statement of Cash Flows,receipts from Sales of Property,plant,and