Which of the Following Statements About Cash Flows from Investing

question 163

Multiple Choice

Which of the following statements about cash flows from investing activities is correct?

• A)The proceeds from sales of investments are reported as cash inflows from investing activities.
• B)Cash flows from investing activities are calculated by making adjustments to net income.
• C)Cash paid to acquire long-lived assets is reported as a cash inflow from investing activities.
• D)Cash received from issuing a long-term note payable is reported as a cash inflow from investing activities.

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