Which of the following will be categorized as an investing activity on the statement of cash flows?
A)depreciation expense on production equipment for the year
B)cash paid for purchase of new machinery
C)cash paid for purchase of raw materials
D)cash received from issue of shares

Question

Quizplus · Accepted Answer

Cash paid for purchase of new machinery is a capital expenditure and falls under investing activities on the statement of cash flows as it reflects an increase in long-term assets.

Which of the Following Will Be Categorized as an Investing