The cash paid to purchase equipment is included in the ________ section of the statement of cash flows.

Name: The cash paid to purchase equipment is included in the ________ section of the statement of cash flows.
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Question

Quizplus · Accepted Answer

The cash paid to purchase equipment is an investing activity since it involves the acquisition of a long-term asset. The investing activities section of the statement of cash flows reflects the cash flows from buying or selling long-term assets, such as property, plant, and equipment.

The Cash Paid to Purchase Equipment Is Included in the ________