When a company purchases property, plant, and equipment, how is it reflected on the statement of cash
Fantastic news! We've Found the answer you've been seeking!
Question:
When a company purchases property, plant, and equipment, how is it reflected on the statement of cash flows?
- As a source of cash in the "cash from investing activities" section
- As a source of cash in the "cash from financing activities" section.
- As a use of cash in the "cash from investing activities" section.
- As a use of cash in the "cash from operating activities" section.
Related Book For
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Posted Date: