Question

one of the three types of business activities summarized in the statement of cash flows, which type is least likely to show positive net cash flows in a successful, growing business. Explain your reasoning?​

Answer 1

Answer:

Explain your reasoning. Among the classifications shown in the cash flow statement, a successful and growing company is least likely to report a positive cash flow from investing activities. ... Short-term timing differences between the cash basis and accrual basis of accounting.