Which of the following events would be classified as an investing activity on a statement of cash flows?
A)payment of interest on a loan
B)receipt of cash dividends on an available-for-sale investment
C)purchase of treasury stock
D)sale of an office building at a gain

Question

Quizplus · Accepted Answer

Investing activities include transactions involving the acquisition or disposal of long-term assets. The sale of an office building is an example of such a transaction.

Which of the Following Events Would Be Classified as an Investing