Accounting MCQ
Accounting
FlintCo purchases additional office equipment to better serves its customers. This cash purchase is reported in the statement of cash flows as what type of activity?
FlintCo purchases additional office equipment to better serves its customers. This cash purchase is reported in the statement of cash flows as what type of activity?
FlintCo purchases additional office equipment to better serves its customers. This cash purchase is reported in the statement of cash flows as what type of activity?
A) Company activity.
B) Investing activity.
C) Financing activity.
D) Operating activity.
Answer: B
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