Which of the following is an investing activity?
A)Purchase of equipment.
B)Payment of interest.
C)Issuing common stock.
D)Issuing long-term debt.

Name: Which of the following is an investing activity? A)Purchase of equipment. B)Payment of interest. C)Issuing common stock. D)Issuing long-term debt.
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Question

Quizplus · Accepted Answer

Purchase of equipment is an example of an investing activity as it involves the use of funds to acquire long-term assets that are used in the business for generating revenue.

Which of the Following Is an Investing Activity