Which one of the following is an investing activity on the statement of cash flows?
A)Collection of accounts receivable
B)Purchase of long-term investments
C)Receipt of interest
D)Receipt of dividends

Question

Quizplus · Accepted Answer

Purchase of long-term investments is an investing activity as it involves the acquisition of long-term assets, such as securities or property, which are not intended for immediate sale. Collection of accounts receivable, receipt of interest, and receipt of dividends are all examples of cash inflows from operating activities.

Which One of the Following Is an Investing Activity on the Statement