Which of the following would be reported on a statement of cash flows as an investing activity?
A)depreciation expense
B)purchase of treasury stock
C)sale of equipment for cash
D)payment of cash dividends

Question

Quizplus · Accepted Answer

Investing activities include transactions involving the acquisition or disposal of non-current assets, such as property, plant, and equipment. The sale of equipment for cash is an example of an investing activity because it involves the disposal of a long-term asset.

Which of the Following Would Be Reported on a Statement