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According to the accounting profession, which of the following would be considered a cash-flow item from an “investing” activity?
Cash inflow from interest income
Cash inflow from dividend income
Cash outflow to acquire fixed assets
All of the above
According to the accounting profession, Cash outflow to acquire fixed assets would be considered a cash-flow item from an “investing” activity Cash flow from investing activities Format 1.Purchase of property, plant, and equipment (cash outflow) 2.Sales of property, plant, and equipment (cash inflow) 3.Investment in joint ventures and affiliates (cash outflow) 4.Payments for business acquired (cash outflow) 5.Proceeds from sales of assets (cash inflow)
By: Brijesh Kumar ProfileResourcesReport error
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