How are cash flows from acquiring and disposing of long-term assets classified?

Name: How are cash flows from acquiring and disposing of long-term assets classified?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash flows from acquiring and disposing of long-term assets are classified as investing activities in the statement of cash flows. This is because these activities involve the purchase or sale of assets that are expected to generate future cash flows and are not related to daily operations or financing activities of the business.

How Are Cash Flows from Acquiring and Disposing of Long-Term