Whirlpool purchases land to build a new factory. How is this listed on the statement of cash flows?
A) cash flows from operating activities
B) a liability
C) cash flows from investing activities
D) operating expenses

Question

Quizplus · Accepted Answer

The purchase of land for building a new factory is considered an investment in a long-term asset and is therefore listed under cash flows from investing activities on the statement of cash flows.

Whirlpool Purchases Land to Build a New Factory