Solved

Wayne Company Purchased Equipment for $45,000 Cash

Question 65

Multiple Choice

Wayne Company purchased equipment for $45,000 cash.As a result of this event,Wayne had a


A) $45,000 cash outflow from financing activities.
B) $45,000 cash inflow from financing activities.
C) $45,000 cash outflow from investing activities.
D) $45,000 cash outflow from operating activities.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions