On the cash flow statement, cash inflows from the sale of bonds is reported as a(n)
A) operating activity.
B) financing activity.
C) investing activity.
D) significant noncash investing activity.

Question

Quizplus · Accepted Answer

The sale of bonds by a company is reported as a financing activity on the cash flow statement because it relates to raising funds to finance the company's operations or to repay existing obligations.

On the Cash Flow Statement, Cash Inflows from the Sale