Economics · Accounting
According to corporate accounting standards, which of the following is an example of cash flows from investing activities?
- 1Cash proceeds from issuing shares
- 2Repayment of a long-term bank loan
- 3Sale of long-term investments or fixed assets by a non-financial enterprise✓
- 4Cash purchase of raw materials for production
Correct answer
Sale of long-term investments or fixed assets by a non-financial enterprise
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