Advertisements
Advertisements
प्रश्न
Angel Ltd., a stock broker, purchased 5,000 shares of Tata Housing Ltd. It is ______.
पर्याय
Operating Activity
Investing Activity
Financing Activity
General Activity
MCQ
रिकाम्या जागा भरा
Advertisements
उत्तर
Angel Ltd., a stock broker, purchased 5,000 shares of Tata Housing Ltd. It is Operating Activity.
Explanation:
Angel Ltd. is a stock broker, which means it is a financial enterprise whose core business is dealing in securities. For financial companies, buying and selling shares is part of their regular, day-to-day trading operations to earn revenue. Therefore, purchasing shares is classified as an Operating Activity for them, unlike non-financial companies where such a purchase would be considered an Investing Activity.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
