Carnival Bakery borrowed $500,000 from Front Street Bank. Carnival then hired a contractor to build a new cookie distribution outlet. In which section of Carnival's statement of cash flows would you find information that indicated that Carnival acquired the new cookie distribution outlet?
a. Operating Activities
b. Investing Activities
c. Financing Activities
d. Profit Activities
b
Business
You might also like to view...
Which of the following statements would BEST describe and easement appurtenant?
A. The interest runs with the land. B. They are primarily used by power like and utility companies. C. They are generally created by condemnation action. D. They are a license to use the land
Business
In a short essay, discuss how Machiavellianism can help explain individual behavior in organizations
What will be an ideal response?
Business