Question: Using the following codes, indicate in which section of the statement of cash flows a purchase of fixed assets using $50,000 cash would be reported:

Using the following codes, indicate in which section of the statement of cash flows a purchase of fixed assets using $50,000 cash would be reported:

  1. Operating activities
  2. Investing activities
  3. Financing activities
  4. In a separate section at the bottom of the statement (not a cash transaction)

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