Which of the following activities includes cash flows from acquiring and retiring long-term debt?
A) Selling activities
B) Investing activities
C) Financing activities
D) Manufacturing activities

Question

Quizplus · Accepted Answer

Acquiring and retiring long-term debt involves financing activities, such as borrowing money from lenders or paying back loans. Therefore, the cash flows from these activities would be included in the financing section of the cash flow statement.

Which of the Following Activities Includes Cash Flows from Acquiring