Question

Which of the following types of transactions would be reported as a cash flow from investing activity on the statement of cash flows?

a. Purchase of treasury stock

b. Issuance of bonds payable

c. Purchase of noncurrent assets

d. Issuance of capital stock

Answer 1

Which of the following types of transactions would be reported as a cash flow from investing activity on the statement of cash flows?

Answer:- C = Purchase of noncurrent assets.

Purchase and sale of fixed assets would be an investing activity