Which of the following would be classified as investing cash flows on a statement of cash flows?1. Acquiring a building by signing a long-term mortgage payable.2. Lending cash to others.3. Issuing stock for cash.4. Purchasing long-term assets for cash.5. Selling stock investments for cash.a. 1,4,5.    b. 1,2,4.   c. 1,3,5.   d. 2,4,5.

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Asked Sep 22, 2019
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Which of the following would be classified as investing cash flows on a statement of cash flows?

1. Acquiring a building by signing a long-term mortgage payable.

2. Lending cash to others.

3. Issuing stock for cash.

4. Purchasing long-term assets for cash.

5. Selling stock investments for cash.

a. 1,4,5.    b. 1,2,4.   c. 1,3,5.   d. 2,4,5.

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Expert Answer

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A Cash Flow statement is a financial statement that represents the changes in the cash balances of a period caused due to various activities conducted by the business. A cash flow statement is divided into different activities like Operating activity...

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