In 2012, Krane Company purchases $75,000 of U.S. Treasury bills. This purchase would be reported on Krane Company's 2012 statement of cash flows as:

Name: In 2012, Krane Company purchases $75,000 of U.S. Treasury bills. This purchase would be reported on Krane Company's 2012 statement of cash flows as:
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The purchase of U.S. Treasury bills represents an investment of cash in a short-term security, which is classified as an investing activity on the statement of cash flows.

In 2012, Krane Company Purchases $75,000 of U