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EIERCISE 1-5 Indicatif each transaction and event is (1) a re of whau of cash and/or...
the following are typical classifications used in the statement of cash flows for apple co. a...
the following are typical classifications used in the statement
of cash flows for apple co.
a Operating cash inflow. b. Operating cash outflow. (add to Net Income) (deduct from Net Income) c. Investing cash inflow. d. Investing cash outflow. e. Financing cash inflow. f Financing cash outflow. Required: For each 2019 event listed below, select the appropriate category which a nect the appropriate category which describes the effect of the event on Aquinas Co.'s indirect method statement of cash flows:...
For each transaction identify the appropriate section in the statement of cash flows reports transaction to...
For
each transaction identify the appropriate section in the statement
of cash flows reports transaction to choosing cash flows from
operating activities (o) cash flow from investing activities (I)
cash flowfrom financing activities (f) or it is not on the
statement of cash flows (x)
*** Section on the Positive (+) or negative (-) cash flow statement of cash flows Transaction The business received cash from the owner in exchange for a. capital. b. Paid cash on accounts payable for...
For each transaction listed below, indicate where it would be presented on the statement of cash...
For each transaction listed below, indicate where it would be presented on the statement of cash flows. Select your answer by clicking in the drop down box to the right of each transaction. Answer choices may be used once, more than once, or not at all. Be careful with matching questions because carmen randomizes the matches. Thus, if you print out the quiz to work on it and then enter your answers later in the week, it is very likely...
1. When using the indirect method to determine operating cash flows, how is the amortization of...
1. When using the indirect method to determine operating cash flows, how is the amortization of bond discount shown on the Statement of Cash Flows? A. Operating activity as an addback item B. Operating activity as a subtract from item C. Investing activity D. Financing activity E. Not reported on statement of cash flows 2. When using the indirect method to determine operating cash flows, how is the equity method investment revenue in excess of dividends received shown on the...
10. Statement of cash flows. For each event listed below. select the appropriate category which describes...
10. Statement of cash flows. For each event listed below. select the appropriate category which describes the effect of the event on a statement of cash flows: a. Cash provided/used by operating activities b. Cash provided/used by investing activities. c. Cash provided/used by financing activities. d. Not a cash flow. 1. Payment on long-term debt 2. Issuance of bonds at a premium Collection of accounts receivable 4. Cash dividends declared 5. Issuance of stock to acquire land 6. Sale of...
For each event listed below, select the appropriate category which describes the effect of the event...
For each event listed below, select the appropriate category which describes the effect of the event on a statement of cash flows. Use the abbreviations provided. Operating activities (O). Investing activities (I). Financing activities (F). Noncash activity (N). __a. Repayment of long-term debt ____ b. Amortization expense on patents ____ c. Sale of goods on account ____ d. Cash dividend payment to investors ____ e. Issuance of stock to acquire land ____ f. Sale of securities (long-term) ____ g. Payment...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. Also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. The first answer is provided as an example. Transaction Type of Activity Operating Cash Inflow or Outflow Cash outflow Financing Investing 1. Payment of employee salaries 2. Sale of land...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. Also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. The first answer is provided as an example. Transaction Type of Activity Operating Cash Inflow or Outflow Cash outflow Financing Investing 1. Payment of employee salaries 2. Sale of land...
Income statement _______ Click on an event in any transaction report b. Balance sheet _______ Click...
Income statement _______ Click on an event in any transaction report b. Balance sheet _______ Click an account on any report c. Statement of cash flows _______ Click to add a new column in a report d. AR aging report _______ Reflects unpaid bills for the current period e. AP aging report _______ Reports revenues and expenses f. Inventory valuation report _______ Includes operating, investing, and financing activities g. Profit and Loss report _______ Reports inventory quantities on hand h....
1. 2. • Analyze the transactions you have and indicate whether each transaction resulted in a...
1.
2.
• Analyze the transactions you have and indicate whether each transaction resulted in a cash flow from a) Operating activities b) Investing activities c) Financing activates d) Noncash investing and financing activities • Indicate whether the effect is a a) Cash Inflow b) Cash Outflow The HAHA & MAMA Corporation 1. Purchased an equipment for $11,000 and paid cash 2. Issued $50,000 par value common stock 3. Paid dividends of 12.000 during the year 4. Sold a long-term...
the following are typical classifications used in the statement
of cash flows for apple co.
a Operating cash inflow. b. Operating cash outflow. (add to Net Income) (deduct from Net Income) c. Investing cash inflow. d. Investing cash outflow. e. Financing cash inflow. f Financing cash outflow. Required: For each 2019 event listed below, select the appropriate category which a nect the appropriate category which describes the effect of the event on Aquinas Co.'s indirect method statement of cash flows:...
For
each transaction identify the appropriate section in the statement
of cash flows reports transaction to choosing cash flows from
operating activities (o) cash flow from investing activities (I)
cash flowfrom financing activities (f) or it is not on the
statement of cash flows (x)
*** Section on the Positive (+) or negative (-) cash flow statement of cash flows Transaction The business received cash from the owner in exchange for a. capital. b. Paid cash on accounts payable for...
10. Statement of cash flows. For each event listed below. select the appropriate category which describes the effect of the event on a statement of cash flows: a. Cash provided/used by operating activities b. Cash provided/used by investing activities. c. Cash provided/used by financing activities. d. Not a cash flow. 1. Payment on long-term debt 2. Issuance of bonds at a premium Collection of accounts receivable 4. Cash dividends declared 5. Issuance of stock to acquire land 6. Sale of...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. Also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. The first answer is provided as an example. Transaction Type of Activity Operating Cash Inflow or Outflow Cash outflow Financing Investing 1. Payment of employee salaries 2. Sale of land...
Listed below are several transactions. For each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. Also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. The first answer is provided as an example. Transaction Type of Activity Operating Cash Inflow or Outflow Cash outflow Financing Investing 1. Payment of employee salaries 2. Sale of land...
1.
2.
• Analyze the transactions you have and indicate whether each transaction resulted in a cash flow from a) Operating activities b) Investing activities c) Financing activates d) Noncash investing and financing activities • Indicate whether the effect is a a) Cash Inflow b) Cash Outflow The HAHA & MAMA Corporation 1. Purchased an equipment for $11,000 and paid cash 2. Issued $50,000 par value common stock 3. Paid dividends of 12.000 during the year 4. Sold a long-term...
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