Ask Question
25 September, 11:17

What section of a cash flow statement shows the cash spent on new equipment during the past accounting period? a. The investing sectionb. The operating sectionc. The financing sectiond. The cash flow statement does not give this information

+5
Answers (1)
  1. 25 September, 11:42
    0
    The correct answer is letter "A": The investing section.

    Explanation:

    Cash flow is the movement of cash into or out of an account, a business or an investment. When cash inflows exceed outflows this is generally considered to be a sign of good financial health. Specifically in the cash flows statement, the investing section records information about material capital (land and equipment) that was acquired by the company.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What section of a cash flow statement shows the cash spent on new equipment during the past accounting period? a. The investing sectionb. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers