If a company purchased avalaible for sale securities with cash, this would be reported on the statement of cash flows as? Select one: Oa. Financing Activities cash outflow O b. Investing Activities cash outflow O c. Financing Activities cash inflow O d. Operating activities cash outflow

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
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04-Principles of Management Acco
My courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED FOR Thursday 6th
st (06-05-2021 from 11:00 to 12: Noon)
If a company purchased avalaible for sale securities with cash, this
would be reported on the statement of cash flows as?
Select one:
in
O a. Financing Activities cash outflow
O b. Investing Activities cash outflow
O c. Financing Activities cash inflow
d. Operating activities cash outflow
Clear my choice
Next page
page
Transcribed Image Text:04-Principles of Management Acco My courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED FOR Thursday 6th st (06-05-2021 from 11:00 to 12: Noon) If a company purchased avalaible for sale securities with cash, this would be reported on the statement of cash flows as? Select one: in O a. Financing Activities cash outflow O b. Investing Activities cash outflow O c. Financing Activities cash inflow d. Operating activities cash outflow Clear my choice Next page page
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