On the statement of cash flows, the cash paid for 30% of a corporation to be accounted for under the equity method is shown as a(n):

Name: On the statement of cash flows, the cash paid for 30% of a corporation to be accounted for under the equity method is shown as a(n):
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The purchase of a 30% interest in another corporation is considered an investment. Therefore, the cash paid for this investment is shown as a decrease in investing activities on the statement of cash flows.

On the Statement of Cash Flows, the Cash Paid for 30