Jim daniels owns a large home on a two-acre lot in flagstaff, arizona. daniels has much of the lot covered with tiff grass and is meticulous about mowing the lawn. daniels piles the grass clippings near his back fence and removes them on a semiannual basis. the clippings attract crickets, rodents, scorpions, and other forms of desert life. daniels' neighbor, garrett watts, has noted that the various forms of desert life scale the wall and invade his property. watts has worked with his exterminator but his exterminator has told him that the grass clippings must go before the bugs will go. watts

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}