Asked by
Karen Nwaogbe
on Nov 14, 2024Verified
Purchase of another company's common shares on the open market:
A) operating activities section
B) investing activities section
C) financing activities section
D) does not represent a cash flow
Common Shares
Ownership in a corporation represented by equity shares, which grant holders the right to vote and a portion of the company's earnings.
Investing Activities
Financial transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.
Open Market
A system where the trading of goods or securities is conducted in such a way that prices are determined by supply and demand.
- Categorize the cash flows into operating, investing, and financing, highlighting the differences.
Verified Answer
RV
Learning Objectives
- Categorize the cash flows into operating, investing, and financing, highlighting the differences.