Which is investing activity: purchase equipment, pay dividends, pay interest , capital
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Which of the following events is an investing activity to a company?
A) Purchase of equipment
B) Payment of cash dividends
C) Payment of interest
D) Owners investment of additional capital into the company
Please select one of the above stated answers.
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Solution Summary
The response explains what each of the four events are in terms of a cash flow statement.
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The correct answer is A. Purchase of equipment is an investing activity to the company. Equipment is a long-term ...
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