Which of the following items would not be found in Sheehans cash fl ow from investing activities

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Which of the following items would not be found in Sheehan’s cash fl ow from investing activities section of the cash fl ow statement?

a. Proceeds from the sale of PPE

c. Purchase of PPE

b. Profi t from the sale of PPE

d. Purchase of other long-term assets (if any)

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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