Sale of copyrights are considered as a part of..........

Investing activities

As per AS-3, investing activities are the acquisition and disposal of long-term assets and other investments not included in cash equivalents. Investing activities relate to purchase and sale of long-term assets or fixed assets such as machinery, furniture, land and building, etc. Transactions related to longterm investment are also investing activities. Separate disclosure of cash flows from investing activities is important because they represent the extent to which expenditures have been made for resources intended to generate future income and cash flows. Cash Inflows from Investing Activities are as follows-
* Cash receipt from disposal of fixed assets including intangibles.
* Cash receipt from the repayment of advances or loans made to third parties (except in case of financial enterprise).
* Cash receipt from disposal of shares, warrants or debt instruments of other enterprises except those held for trading purposes.
* Interest received in cash from loans and advances.
* Dividend received from investments in other enterprises.