The cash received from the sale of land is included in the ________ section of the statement of cash flows.

Question

Quizplus · Accepted Answer

The sale of land is a cash inflow related to investing activities, therefore it is included in the investing section of the statement of cash flows. The operating section reports cash inflows and outflows related to the company's primary business activities, while the financing section reports cash inflows and outflows related to raising and repaying capital. The noncash section reports non-cash transactions, such as the issuance of stock or conversion of debt to equity.

The Cash Received from the Sale of Land Is Included