Which of the following sections from the statement of cash flows includes purchases and sales of long-term assets?
A) The financing section
B) The operating section
C) The investing section
D) The noncash investing and financing section

Question

Quizplus · Accepted Answer

The investing section of the statement of cash flows includes purchases and sales of long-term assets, such as property, plant, and equipment, as well as investments in other companies. Both financing and operating sections do not include these transactions. The noncash investing and financing section shows noncash transactions, such as issuing stock or exchanging assets, rather than actual purchases and sales.

Which of the Following Sections from the Statement of Cash