Bay Manufacturing Co. purchased a 3-month U. S. Treasury bill. In preparing Bay's statement of cash flows, this purchase would:A. have no effect. B. be treated as an outflow from financing activities. C. be treated as an outflow from investing activities. D. be treated as an outflow from operating activities.
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Home » Business » Bay Manufacturing Co. purchased a 3-month U. S. Treasury bill. In preparing Bay's statement of cash flows, this purchase would:A. have no effect. B. be treated as an outflow from financing activities. C.