Cash flows from investing activities, as part of the statement of cash flows, include receipts from the sale of land.

Question

Quizplus · Accepted Answer

Cash flows from investing activities include any cash inflows or outflows related to the purchase or sale of long-term assets, such as property, plant, and equipment or investments in other companies. Therefore, receipts from the sale of land would be included as a cash inflow in the investing activities section of the statement of cash flows.

Cash Flows from Investing Activities, as Part of the Statement