Where will you show purchase of Goodwill in a Cash Flow Statement?
A)cash flow from operating activities
B)cash flow from investing activities
C)cash flow from financing activities
D)cash equivalent

Question

Quizplus · Accepted Answer

The purchase of Goodwill is considered an investment in intangible assets and is therefore shown under cash flow from investing activities in a Cash Flow Statement.

Where Will You Show Purchase of Goodwill in a Cash