Asked by Ahmed Alsuhayyih on Jun 17, 2024
Verified
Cash flows from investing activities, as part of the statement of cash flows, include payments for the acquisition of fixed assets.
Fixed Assets
Long-term assets purchased for operating the business, not expected to be converted to cash within a year.
Investing Activities
Deals that include buying and selling assets with long-term value and investments outside of cash equivalents.
- Characterize the distinctions between cash flows derived from operating, investing, and financing endeavors.
Verified Answer
CS
Carley ShererJun 18, 2024
Final Answer :
True
Explanation :
Cash flows from investing activities include activities related to the acquisition and sale of fixed assets, as well as investments in securities and other businesses.
Learning Objectives
- Characterize the distinctions between cash flows derived from operating, investing, and financing endeavors.