Which of the following is an example of a cash outflow from an investing activity?

Question

Quizplus · Accepted Answer

Payment of cash for the purchase of land is an example of a cash outflow from an investing activity. Investing activities include any purchases of long-term assets, such as property, plant, and equipment, or investments in other companies. Payment of cash for treasury stock would be a cash outflow from a financing activity, payment of cash for inventory would be a cash outflow from an operating activity, and payment on a long-term note payable would be a cash outflow from a financing activity.

Which of the Following Is an Example of a Cash