What is the only item that will appear under the investing section of a government statement of cash flows?

A) Sale and purchase of financial assets
B) Sale and purchase of nonfinancial assets
C) Sale and purchase of tangible capital assets
D) Amortization of tangible capital assets

Investing Section

Part of a cash flow statement that shows the cash spent on and received from investment activities, indicating how a company is allocating its resources for growth.

Statement of Cash Flows

A financial report that provides a summary of a company's cash inflows and outflows over a specific period.

Tangible Capital Assets

Physical assets owned by a business that are used in its operation and have a useful life longer than one fiscal year, such as buildings and machinery.