A use of cash for investing activities is ________.
A)payment of an account payable
B)payment of dividends
C)cash used to buy equipment
D)cash used to purchase treasury stock

Question

Quizplus · Accepted Answer

Cash used to buy equipment is an investment in a long-term asset which is a typical use of cash for investing activities. Payment of account payable and payment of dividends are uses of cash for operating activities, while cash used to purchase treasury stock is a use of cash for financing activities.

A Use of Cash for Investing Activities Is ________