Increases and decreases in the long-term assets available to a company are reported on the statement of cash flows as:
A)investing activities.
B)financing activities.
C)operating activities.
D)both operating and investing activities.

Question

Quizplus · Accepted Answer

Increases and decreases in long-term assets are reported as investing activities on the statement of cash flows.

Increases and Decreases in the Long-Term Assets Available to a Company