On the statement of cash flows, the cash paid to acquire another company is reported as a(n):

Name: On the statement of cash flows, the cash paid to acquire another company is reported as a(n):
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Cash paid to acquire another company is considered an investing activity because it involves the acquisition of a long-term asset that will contribute to the company's operations. It is not considered a financing activity because it is not related to the issuance or repayment of debt or equity.

On the Statement of Cash Flows, the Cash Paid to Acquire