Cash paid to purchase long-term investments would be reported on the statement of cash flows in

A) the Cash flows from operating activities section
B) the Cash flows from financing activities section
C) the Cash flows from investing activities section
D) a separate schedule

Investing Activities

Transactions related to the acquisition and disposal of long-term assets and other investments, impacting a firm's capital structure and cash flow.

Long-Term Investments

Assets that a company intends to hold for more than one year, such as stocks, bonds, or real estate.

Statement of Cash Flows

A financial report detailing the impact of variations in balance sheet accounts and income on cash and cash equivalents.