alleryStart learning →Investing activities under AS 3 are the
APrincipal revenue-producing activities
BIssue and buyback of owners capital
CAcquiring and selling long-term assets
DPayment of interest and dividends
Answer & Solution
Correct answer: C. Acquiring and selling long-term assets
Investing activities relate to buying and selling long-term assets and investments that are not cash equivalents.
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Related questions
A machine with book value Rs 70,000 is sold at a loss of Rs 15,000. The investing inflow iNet plant rose from Rs 5,00,000 to Rs 5,40,000 after Rs 60,000 depreciation, no sales. CasOperating +4,00,000, investing -3,00,000, financing +50,000, opening 1,20,000. Closing casCash 20,000, bank 1,00,000, 2-month bills 50,000, shares 80,000. Cash and equivalents?Cash flow statements are most commonly prepared using theA company buys back its own shares for cash. This is aThe cash flow statement reveals the quality of a company'sFinancial flexibility in cash flow analysis means the ability to