Question
18. When a company pays state income tax so the government can invest in roads, bridges and infrastructure, that is usually considered what kind of
18. When a company pays state income tax so the government can invest in roads, bridges and infrastructure, that is usually considered what kind of activity?
a. operating
b. financing
c. investing
19. Amazon invests in their employees by covering their college education. When Amazon pays employee tuition, that is considered what kind of cashflow?
a. operating
b. financing
c. investing
20. When a company buys a fleet of used vehicles from an indirect competitor the activity is considered:
a. operating
b. financing
c. investing
21. When another company sells a fleet of vehicles that had been used in core operations for over 5 years, the activity is considered:
a. operating
b. financing
c. investing
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