Cash flows from financing activities include:
A)proceeds received from sale of equipment.
B)proceeds received from sale of the company's shares.
C)purchase of land.
D)proceeds from the sale of shares of another company.

Question

Quizplus · Accepted Answer

Proceeds received from the sale of the company's shares are considered financing activities because they involve raising capital to finance the company's operations or to fund its expansion.

Cash Flows from Financing Activities Include