Payment for the acquisition of inventory is shown on a cash flow statement as a(n):

Name: Payment for the acquisition of inventory is shown on a cash flow statement as a(n):
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Payment for the acquisition of inventory is considered an operating activity, as it relates to the company's primary operations of buying and selling goods. This payment would be included in the "cash flows from operating activities" section of the cash flow statement.

Payment for the Acquisition of Inventory Is Shown on a Cash