Which will be included in the financing activities section of a direct method statement of cash flow?
A)changes in Accounts Payable
B)changes in Accounts Receivable
C)changes in Inventory
D)changes in Long-Term Notes Payable

Question

Quizplus · Accepted Answer

Financing activities involve changes in long-term liabilities and equity. Changes in Accounts Payable, Accounts Receivable, and Inventory are classified as operating activities.

Which Will Be Included in the Financing Activities Section of a Direct