Purchase Solution

Financing activities: selling equipment, paying interest, paying principal, buy equipment

Not what you're looking for?

Ask Custom Question

Which of the following events is a financing activity to a company?

A) Selling equipment
B) Paying interest on a loan
C) Paying off the principal portion of a loan
D) Purchasing equipment

Please select one of the answers stated above.

Purchase this Solution

Solution Summary

For each of the four events, the solution explains the category for inclusion on a cash flow statement.

Solution Preview

The correct answer is B. Paying interest on a loan is found on the liability side of the balance sheet and is ...

Purchase this Solution

Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Operations Management

This quiz tests a student's knowledge about Operations Management

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.