On the Cash Flow Statement,the Purchase and Sale of Bonds

question 89

Multiple Choice

On the cash flow statement,the purchase and sale of bonds of other companies to be held for an extended time are reported as:

• A) operating activities
• B) financing activities
• C) investing activities
• D) would not appear on a cash flow statement

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Definitions:

Mare

A dark, low-lying, relatively smooth area on the Moon consisting of basalt.

Lunar Highlands

Rough, mountainous regions on the moon's surface, characterized by their lighter color and higher altitude than the lunar maria.

Mare

Latin for "sea," often used to describe the large, dark basaltic plains on the Moon, formed by ancient volcanic eruptions.

Lunar Highlands

Elevated, mountainous regions on the moon's surface, characterized by high albedo, heavy cratering, and made predominantly of anorthosite.