Which of the following sections from the statement of cash flows includes purchases and sales of long- term assets?

Question

Quizplus · Accepted Answer

The Investing section of the statement of cash flows includes purchases and sales of long-term assets such as property, plant, and equipment, and investments in securities other than cash equivalents. The Financing section includes activities related to raising funds from owners and creditors, such as issuing or repurchasing stock and paying dividends. The Operating section includes cash flows from day-to-day operations, such as sales of goods or services, and payment of expenses. None of these sections include purchases and sales of long-term assets.

Which of the Following Sections from the Statement of Cash