Which of the following is included in the calculation of cash receipts from inve
ID: 2382278 • Letter: W
Question
Which of the following is included in the calculation of cash receipts from investing activities? Answer a. Payments for acquisition of plant assets b. Making new loans c. Proceeds from the sale of plant assets d. Payment for acquisition of investments I think it is B.) making new loans Which of the following is included in the calculation of cash receipts from investing activities? Payments for acquisition of plant assets Making new loans Proceeds from the sale of plant assets Payment for acquisition of investments I think it is B.) making new loans a. Payments for acquisition of plant assets b. Making new loans c. Proceeds from the sale of plant assets d. Payment for acquisition of investments I think it is B.) making new loansExplanation / Answer
correct answer is option C . proceeds from sale of plant is a cash receipt and will come under investing activities as per US GAAP as well as IFRS.
a. it is a cash payment under investing activity
b. it will come under financing activity
d.it is a cash payment under investing activity
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