Cash flows from acquiring and disposing of non-current assets are classified as: a

Finance Dec 18, 2020

Cash flows from acquiring and disposing of non-current assets are classified as:

a. operating activities

b. investing activities

c. financing activities

d. purchasing activities

Expert Solution

The purchasing and sale of non-current assets or fixed assets are classified under the category of Investing activities because they are physical assets intended for long-term use.

Therefore, the correct answer is option b.

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