Asked by albandari aljuaid on Jul 06, 2024

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Financing activities also include long-term purchases and sales of financial assets.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, including issuing or repurchasing equity and debt.

Financial Assets

Assets that derive value because of a contractual right or ownership claim, including stocks, bonds, and bank deposits.

  • Analyze the impact of financing and operating activities on financial statements and ratios.
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EG
Elissa GoldbergJul 08, 2024
Final Answer :
False
Explanation :
Financing activities primarily involve transactions related to raising capital (debt and equity) and repaying investors, including dividends, not the purchase and sale of long-term financial assets, which are considered investing activities.