On the statement of cash flows, cash flows from the purchase and sale of long-lived assets are shown in which section?
A) Financing activities.
B) Investing activities.
C) Operating activities.
D) They are not reported on the statement of cash flows.

Question

Quizplus · Accepted Answer

Cash flows from the purchase and sale of long-lived assets are reported in the investing activities section of the statement of cash flows. This section includes cash flows from the purchase or sale of property, plant, and equipment, as well as investments in other companies or securities.

On the Statement of Cash Flows, Cash Flows from the Purchase