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lara31 [8.8K]
2 years ago
11

Cash paid for equipment would be reported on the statement of cash flows in_________.

Business
1 answer:
Licemer1 [7]2 years ago
5 0

Answer:

c. the cash flows from investing activities section.

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

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2 years ago
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Answer:

$3,000,000

Explanation:

Calculation to determine the Net Cash Flow in 2020

STATEMENT OF CASH FLOW

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Depreciation under Straight Line method= 800,000

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