Asked by

Karen Nwaogbe
on Nov 14, 2024

verifed

Verified

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.
verifed

Verified Answer

RV
RIA VANESSA DE DIOSNov 20, 2024
Final Answer:
Get Full Answer