Asked by
Montanna Washington
on Dec 10, 2024Verified
On the Statement of Cash Flows,cash inflows and outflows to and from investors and creditors are categorized as cash flows from:
A) Investing activities
B) Financing activities
C) Owner activities
D) Operating activities
Investors
Individuals or organizations that allocate capital with the expectation of receiving financial returns.
Financing Activities
Transactions and events that affect the long-term liabilities and equity of a company, such as issuing debt or stock.
Creditors
Individuals, businesses, or financial institutions that are owed money by debtors or customers.
- Identify the classification of cash flows within the Cash Flow Statement.
Verified Answer
JN
Learning Objectives
- Identify the classification of cash flows within the Cash Flow Statement.
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