Cash flows from investing activities include each of the following except:
A)Payments to purchase plant assets.
B)Proceeds from collecting accounts receivable that arise from customer sales.
C)Payments to buy intangible assets.
D)Payments to acquire long-term investments.
E)Proceeds from the sale of equipment.

Question

Quizplus · Accepted Answer

Cash flows from investing activities refer to cash inflows and outflows related to the acquisition or disposal of long-term assets, such as property, plant and equipment, intangible assets, and long-term investments. Proceeds from collecting accounts receivable would be classified as cash flows from operating activities.

Cash Flows from Investing Activities Include Each of the Following