Eastwood Company pays its employees every Friday.This is an example of a(n):

Question

Quizplus · Accepted Answer

Paying employees is a regular business operation and falls under the category of operating activities in the statement of cash flows. Investing activities involve transactions related to long-term assets while financing activities involve transactions related to borrowing and repaying funds. Planning activities are not directly related to cash transactions.

Eastwood Company Pays Its Employees Every Friday