Which of the following statements regarding the cash flow statement is true?
A. A typical company has a positive cash flow from investing activities.
B.The disposal of plant assets is classified as an investing activity.
C. Depreciation is classified as a cash flow from financing activities.
D. Financing activities only include long-term borrowings.
E. Changes in accounts receivables is classified in cash flow from financing activity
A. A typical company has a positive cash flow from investing activities.
B.The disposal of plant assets is classified as an investing activity.
C. Depreciation is classified as a cash flow from financing activities.
D. Financing activities only include long-term borrowings.
E. Changes in accounts receivables is classified in cash flow from financing activity