The president of a large manufacturing company wants to see the outflow of cash for last month and is particularly interested in the cash that was used to purchase land. Where will the president find this information on the statement of cash flows? Operating activities O Investing activities O Financing activities O Stock activities

The president of a large manufacturing company wants to see the outflow of cash for last month and is particularly interested in the cash that was used to purchase land. Where will the president find this information on the statement of cash flows? Operating activities O Investing activities O Financing activities O Stock activities

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 57PSA

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