General Motors decides to close one of its manufacturing plants in the Midwest. GM sells the facility to a new foreign automobile manufacturer. The money GM receives from this sale would belong in the ____ section of the statement of cash flows.

Respuesta :

Answer:

Investing

Explanation:

A transaction will be recorded in The investing sections on statement of cash flow consist if one of these three criteria are met:

-  the activities that companies do to obtain a profit in the future. (such as the purchase of securities)

- The purchase of a physical  asset.

- The sale of company's security, bonds, and physical assets.

When we see the excerpt above, we know that General motor close down its plants and sell it to another party. Since  Plants are considered a physical assets, this fulfill the third criteria mentioned above.

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