2A4D DURING THE YEAR, DELTECH INC. ACQUIRED A LONG-TERM PRODUCTIVE AS...

93.

CSO: 2A4d

LOS: 2A4d

During the year, Deltech Inc. acquired a long-term productive asset for $5,000 and also

borrowed $10,000 from a local bank. These transactions should be reported on Deltech’s

Statement of Cash Flows as

a.

Outflows for Investing Activities, $5,000; Inflows from Financial Activities,

$10,000.

b.

Inflows from Investing Activities, $10,000; Outflows for Financing Activities,

$5,000.

c.

Outflows for Operating Activities, $5,000; Inflows from Financing Activities,

d.

Outflows for Financing Activities, $5,000; Inflows from Investing Activities,