Royer Corporation engaged in this transaction:
Sold long-term investment.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.

Question

Royer Corporation engaged in this transaction:
 Sold long-term investment.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.

Quizplus · Accepted Answer

The transaction of selling a long-term investment is considered an investing activity and would therefore appear in the investing activities section of the statement of cash flows.

Royer Corporation Engaged in This Transaction