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:
- Operating activities
- Investing activities
- Financing activities
- In a separate section at the bottom of the statement (not a cash transaction)
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