On a statement of cash flows,which is considered an investing activity?
A)Depreciation expense
B)Increase in inventory
C)Sale of securities
D)Repayment of debt

Name: On a statement of cash flows,which is considered an investing activity? A)Depreciation expense B)Increase in inventory C)Sale of securities D)Repayment of debt
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Question

Quizplus · Accepted Answer

Sale of securities is an investing activity as it represents the buying and selling of long-term assets that are intended to generate profits.

On a Statement of Cash Flows,which Is Considered an Investing