Cash paid to purchase significant amounts of fixed assets would be reported in the statement of cash flows in:
A) the cash flows from operating activities section.
B) the cash flows from financing activities section.
C) the cash flows from investing activities section.
D) a separate schedule.

Question

Quizplus · Accepted Answer

Cash paid to purchase fixed assets is a cash outflow related to investing activities, therefore it would be reported in the cash flows from investing activities section of the statement of cash flows.

Cash Paid to Purchase Significant Amounts of Fixed Assets Would