In Order to Assess an Entity's Cash Performance It Is

Multiple Choice

In order to assess an entity's cash performance it is common to classify its activities into operating, investing and financing. For a small medical practice which of the following would be a financing activity?

A) Paying for medical supplies.
B) Borrowing $20 000 from a financial institution.
C) Billing a patient for a consultation.
D) Adding an extension to allow for 2 additional consultation rooms.