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- QUESTION 6 Which of the fotowing is considered a fnancing activity when preparing the statement of cash flows? A) cash payment for the purchase of equpment BỊ cash payment for extonding credit to others C) caah recelpt from the sale of common stock D) payment of interest on a bond issueWhat are two ways to report a companys net cash flow from operating activities? Briefly describe each method.QUESTION 12 When using the indirect method to determine operating cash flows, how would the retirement of bonds payable at their maturity date be shown on the statement of cash flows? a. an investing activity b. not reported on the statement of cash flows c. a noncash investing and financing activity d. an operating activity e. a financing activity
- QUESTION 30 Statement of Cash flows requires that cash receipts and payments should be analysed into three main categories. Under which category would you expect to find the cash proceeds from a share issue? a. Financing activities •b. Operating activities c. Investing activities d.Cash and cash equivalentsQUESTION 15 Cash Flow from Operations includes Income Statement information and changes in: O a. Current Asset and Current Liability accounts O b. Long Term Asset accounts Oc. Long Term Liability accounts O d. Stockholders' Equity accountsHow about the payment of cash dividend? Under what cash flow activity, would you record it? The Cash Flow from Financing Activity The Cash Flow from Investing Activity The Cash Flow from Operating Activity Separate schedule None of the above
- 23 Which transaction should be included in the operating activities section of the statement of cash flows? Receipt of cash from the sale of property Payment of cash interest Receipt of cash from the sale of stock Payment of cash dividends NEXT > BOOKMARKWhich of these cash flows would be classified under cash flows from financing activities? i) Cash received from sale of goodsii) Cash paid for repayment of loaniii) Cash paid for dividendsiv) Cash paid for purchase of landv) Cash received from issue of shares i, ii, and iii ii, iv and iii ii, iii and v i, iv and vWhich of the following is an example of a fi nancing activity on the cash fl ow statement under US GAAP? C . Payment of dividends.
- Question Content Area On the statement of cash flows, the operating activities section would include a.cash paid for the purchase of investments b.cash received from the issuance of common stock c.cash paid for cash dividends d.cash paid for interest on short-term notes payableIntermediate Accounting 105 What is the purpose of a statement of cash flows? How does it differ from a balance sheet and an income statement? Please provide GAAP concept and own explanation / example.Apex Company Statement of Cash Flows-Indirect Method Please give me propepr answer thanku