Bety Corp bought a machine used in production for $100,000 and paid for it through the issuance of a long-term note accepted by the seller, Sigma Inc. What component of the statement of cash-flows of Bety was affected ? Select all that apply. A)Total operating cashflows. B)Total investing cashflows. C)Total financing cashflows D)Neither total operating, total investing nor total financing cash-flows will be affected.
Bety Corp bought a machine used in production for $100,000 and paid for it through the issuance of a long-term note accepted by the seller, Sigma Inc. What component of the statement of cash-flows of Bety was affected ? Select all that apply. A)Total operating cashflows. B)Total investing cashflows. C)Total financing cashflows D)Neither total operating, total investing nor total financing cash-flows will be affected.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 6DQ
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Bety Corp bought a machine used in production for $100,000 and paid for it through the issuance of a long-term note accepted by the seller, Sigma Inc. What component of the statement of cash-flows of Bety was affected ? Select all that apply.
A)Total operating cashflows.
B)Total investing cashflows.
C)Total financing cashflows
D)Neither total operating, total investing nor total financing cash-flows will be affected.
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