cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of

Question

Evgen [1.6K]

2 years ago

9

cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of

cash flows as

Business

1 answer:

ivanzaharov [21] · Answer 1 · 2023-02-22T20:19:21+03:00

ivanzaharov [21]2 years ago

7 0

Answer: Investing Activities

Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.

Hope this helps.