Which of the following is reported as an investing activity in the statement of cash flows?
A) Sale of a subsidiary.
B) Issuance of a long-term promissory note.
C) Sale of treasury stock.
D) Purchase of highly liquid, short-term investments, using excess cash.

Question

Quizplus · Accepted Answer

Investing activities include transactions involving the acquisition or disposal of long-term assets, such as the sale of a subsidiary.

Which of the Following Is Reported as an Investing Activity