Which of the following sections of the statement of cash flows includes purchases and sales of long-term assets?
A)the financing activities section
B)the operating activities section
C)the investing activities section
D)the non-cash investing and financing section

Question

Quizplus · Accepted Answer

The investing activities section of the statement of cash flows includes purchases and sales of long-term assets, such as property, plant, and equipment, and investments in other companies. The financing activities section includes activities related to raising or repaying capital, such as issuing or repurchasing stock, paying dividends, and borrowing or repaying loans. The operating activities section includes cash inflows and outflows related to day-to-day operations, such as collections from customers and payments to suppliers. The non-cash investing and financing section includes non-cash transactions, such as the issuance of stock for the acquisition of another company.

Which of the Following Sections of the Statement of Cash