When analyzing the changes on a spreadsheet used to prepare a statement of cash flows,the cash flows from investing activities generally are affected by:
A)Net income,current assets,and current liabilities.
B)Noncurrent assets.
C)Noncurrent liability and equity accounts.
D)Both noncurrent assets and noncurrent liabilities.
E)Equity accounts only.

Question

Quizplus · Accepted Answer

Cash flows from investing activities are primarily affected by changes in noncurrent assets, such as the purchase or sale of property, plant, and equipment, or investments in other companies.

When Analyzing the Changes on a Spreadsheet Used to Prepare