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On the statement of cash flows, the purchase of land is

A. an operating activity.
B. not reported.
C. an investing activity.
D. a financing activity.

Sagot :

GinnyAnsweridn

Final answer:

The purchase of property and equipment is categorized as a cash outflow in the cash flows from investing activities on the statement of cash flows.


Explanation:

Cash flows from investing activities include the purchase of property and equipment, which is considered a cash outflow and falls under investing activities on the statement of cash flows. This activity is important for organizations as it reflects their investments in assets for future returns.


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