Under cash flow statement analysis purchase of another company shares are considered as ? a....

70.2K

Verified Solution

Question

Accounting

Under cash flow statement analysis purchase of another company shares are considered as ?

a. Investing activity.

b.None of these

c.Financing activity.

d.Operating activity.

The features of the commercial paper are:

1. Commercial paper are used to finance current transactions

2. The highly rated corporate borrowers can raise short term funds through this instrument.

3. Commercial papers are certificate of secured debt.

a.1, 2 and 3 Only

b.2 and 3 only

c.1 and 2 Only

d.1 and 3 Only

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students