In a statement of cash flows, receipts from sales of property, plant, and equipment and other productive assets should generally be classified as cash inflows from
A) operating activities.
B) financing activities.
C) investing activities.
D) selling activities.

Question

Quizplus · Accepted Answer

Receipts from sales of property, plant, and equipment and other productive assets should generally be classified as cash inflows from investing activities in the statement of cash flows as they represent transactions involving the purchase or sale of assets that are expected to generate revenue for the business in the future.

In a Statement of Cash Flows, Receipts from Sales of Property