Under cash flow statement analysis purchase of another company shares are considered as ?

a. Investing activity.

b.None of these

c.Financing activity.

d.Operating activity.

The features of the commercial paper are:

1. Commercial paper are used to finance current transactions

2. The highly rated corporate borrowers can raise short term funds through this instrument.

3. Commercial papers are certificate of secured debt.

a.1, 2 and 3 Only

b.2 and 3 only

c.1 and 2 Only

d.1 and 3 Only