Asked by
samuel tumala
on Oct 09, 2024
Verified
The collection of a loan made to a supplier would be treated as an investing activity on a statement of cash flows.
Investing Activity
Financial transactions involving the purchase and sale of long-term assets and investments.
Loan Collection
The process of obtaining payment from borrowers on outstanding loans.
- Capture the essence of components and their divisions in the statement of cash flows.
- Accurately pinpoint and group activities pertaining to operations, finance, and investment.
Verified Answer
YP
Learning Objectives
- Capture the essence of components and their divisions in the statement of cash flows.
- Accurately pinpoint and group activities pertaining to operations, finance, and investment.
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