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Buying assets to expand a business is classed as which activity in the statement of cash flows? a.Investing. b.Operating. c.Financing. d.Non-cash. e.None of the above answers is correct

Buying assets to expand a business is classed as which activity in the statement of cash flows? a.Investing. b.Operating. c.Financing. d.Non-cash. e.None of the above answers is correct

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 15Q: Why is using the direct method to prepare the operating section of the statement of cash flows more...
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Buying assets to expand a business is classed as which activity in the statement of cash flows?
 
a.Investing.
b.Operating.
c.Financing.
d.Non-cash.
e.None of the above answers is correct.
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