Lending money and collecting the loans are
A) operating activities.
B) investing activities.
C) financing activities.
D) Non-cash investing and financing activities.

Name: Lending money and collecting the loans are A) operating activities. B) investing activities. C) financing activities. D) Non-cash investing and financing activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Lending money and collecting loans are considered investing activities because they involve the use of cash to generate returns through interest income.

Lending Money and Collecting the Loans Are