On the statement of cash flows, which of the following would be included with cash flows...
On the statement of cash flows, which of the following would be included with cash flows from investing activities?
tax payments
payments of accounts payable
payments to acquire noncurrent assets
repayment of loans
Homework Answers
Correct answer--------------payments to acquire noncurrent assets.
.
Purchase of a noncurrent asset such property plant or equipment is reported on Investing section of cash flow if purchase is made out of cash. The purchase of asset is always outflow of cash.
Payment of loan is a financing activity.
Tax payment and payment for accounts payable are both operating activities.
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