Collection of a loan is reported as an investing activity in the statement of cash flows.

a. true
b. false

Answer: a. true

Business

You might also like to view...

The Civil Rights Act of 1991 allowed the recovery of compensatory and punitive damages:

A. in unlimited amounts. B. in amounts deemed appropriate by the court. C. up to $500,000 for the largest employers. D. up to $300,000 for the largest employers.

Business

The low cost of setting up shop on the Internet makes it even more profitable to serve seemingly small niches

Indicate whether the statement is true or false

Business