Financial Accounting, Student Value Edition (4th Edition)
Financial Accounting, Student Value Edition (4th Edition)
4th Edition
ISBN: 9780134114811
Author: Robert Kemp, Jeffrey Waybright
Publisher: PEARSON
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Chapter 11, Problem 2DQ
To determine

Determine in which section of the statement of cash flows would be reported.

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Which of the following cash activities would be listed in the Investing Activities section of the statement of cash flows? a.Cash received from customers b.Depreciation expense on factory building c.Cash paid for purchasing equipment d.Cash paid for purchasing inventory
In  the statement of cash flows, financing activities are those activities   a. that include cash collections from customers and payments to suppliers. b. with owners or long-term creditors or that involve borrowing cash on a short-term basis. c. that involve the purchase and the sale of goods to customers including expenditures to operate the business d. that involve making and collecting  loans or purchasing and selling  plant assets.
Which of the following would be considered a cash outflow for investing activities? a. cash paid to purchase product for inventory                                                    b. cash paid to reacquire common stock                                                          c.  cash paid to repay debt                                                                                  d. cash paid to purchase equipment

Chapter 11 Solutions

Financial Accounting, Student Value Edition (4th Edition)

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