An example of an investing activity is ___________.
A) issuing new corporate stock
B) paying corporate income taxes
C) buying new computers
D) taking out a new loan

Question

Quizplus · Accepted Answer

Investing activities involve the purchase and sale of long-term assets and other investments, not directly related to the entity's normal line of business. Buying new computers is an example of investing in long-term assets.

An Example of an Investing Activity Is ___________