Which of the following will be shown under the investing activities section of the statement of...
Which of the following will be shown under the investing activities section of the statement of cash flows?
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a. purchased treasury stock for cash |
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b. issued notes payable to purchase equipment |
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c. loaned money to a third party |
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d. paid cash dividends to stockholders |
Homework Answers
C. Loaned money to third party.
Making loan to third party is a part of Investment activity for the organisation, on which the organisation will earn interest. So that would form part of Cash outflow under investing activities in the statement of cash flows.
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