Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing,...
Classifying Cash Flows
Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:
| a. Retirement of bonds payable | |
| b. Purchase of inventory for cash | |
| c. Cash sales | |
| d. Repurchase of common stock | |
| e. Payment of accounts payable | |
| f. Disposal of equipment |
Classifying Cash Flows
Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:
| a. Purchase of investments | |
| b. Purchase of equipment | |
| c. Payment for selling expenses | |
| d. Collection of accounts receivable | |
| e. Cash received from customers | |
| f. Issuance of bonds payable |
Homework Answers
rate positively ..
| Solution | |
| a. Retirement of bonds payable | Financing |
| b. Purchase of inventory for cash | Operating |
| c. Cash sales | Operating |
| d. Repurchase of common stock | Financing |
| e. Payment of accounts payable | Operating |
| f. Disposal of equipment | investing |
| Classifying Cash Flows | |
| Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: | |
| a. Purchase of investments | investing |
| b. Purchase of equipment | investing |
| c. Payment for selling expenses | Operating |
| d. Collection of accounts receivable | Operating |
| e. Cash received from customers | Operating |
| f. Issuance of bonds payable | Financing |
Add Answer to:
Classifying Cash Flows
Identify whether each of the following would be reported as an
operating, investing,...
Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing,...
Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a. Retirement of bonds payable b. Purchase of inventory for cash c. Cash sales d. Repurchase of common stock e. Payment of accounts payable f. Disposal of equipment
Exercise 17-7 Identify each of the following transactions as an operating activity (O), an investing activity...
Exercise 17-7 Identify each of the following transactions as an operating activity (O), an investing activity (1), a financing activity (F), a non-cash investing and financing activity (NIF), or a trans- action that is not reported on the cash flow statement (N). For each cash flow, indicate whether the item increases (+) or decreases (-) cash. Assume the direct method is used to report cash flows from operating activities. for the cash w statement a. NIF e.I- g.O+ Activity (+)/)...
on- The major classifications of activities reported in the statement of cash flows are operating, investing,...
on- The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. port 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities Issuance of common stock (b) Purchase of land and building Redemption of bonds. (d) Sale of equipment. le) Depreciation of...
Current Attempt in Progress The major classifications of activities reported in the statement of cash flows...
Current Attempt in Progress The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. 3. Investing activity. Financing activity. 4. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities (a) Issuance of common stock. Purchase of land and building. Redemption of bonds. Sale of equipment. (e) Depreciation...
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...
Which of the following is reported as an investing activity in the statement of cash flows?...
Which of the following is reported as an investing activity in the statement of cash flows? Multiple Choice The receipt of dividend revenue. The payment of cash dividends. The sale of machinery. The payment of interest on bonds. A firm reported salaries expense of $244,000 for the current year. The beginning and ending balances in salaries payable were $42,000 and $12,000, respectively. What was the amount of cash paid for salaries? Multiple Choice $244,000. $274,000. $298,000. $214,000. Cash flows from...
A statement of Cash Flows contains the following sections: Cash Flows from Operating Activities Cash Flows...
A statement of Cash Flows contains the following sections: Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Investing and Financing Activities NOT affecting cash A list of items that appear on the Cash Flows Statement appear below: Using the letters (A-D), indicate in which section(s) of the statement of cash flows (or accompanying schedule) the preceding items would most likely be classified A Investing and Financing Activities NOT affecting cash B. Cash Flows...
help ASAP please!!! Classifying Cash Flows Identify the type of cash flow activity for each of...
help ASAP please!!!
Classifying Cash Flows Identify the type of cash flow activity for each of the following events (operating, Investing, or financing). The company determines net cash flow from operating activities by the indirect method: a. Net income b. Pald cash dividends Financing C. Issued common stock Investing d. Issued bonds Operating e. Redeemed bonds f. Sold long-term investments g. Purchased treasury stock h. Sold equipment i. Issued preferred stock 1. Purchased buildings k. Purchased patents
CES Exercise 5-13 The major classifications of activities reported in the statement of cash flows are...
CES Exercise 5-13 The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: Operating activity-add to net income. Operating activity-deduct from net income. Investing activity Financing activity. Reported as significant noncash activity 1. 2. 3. 5. The transactions are as follows. Classifications of Activities > ndy << Transactions (a) Issuance of common stock. (b) Purchase of land and building. (c) Redemption of bonds. (d) Sale...
Exercise 17-7 Identify each of the following transactions as an operating activity (O), an investing activity (1), a financing activity (F), a non-cash investing and financing activity (NIF), or a trans- action that is not reported on the cash flow statement (N). For each cash flow, indicate whether the item increases (+) or decreases (-) cash. Assume the direct method is used to report cash flows from operating activities. for the cash w statement a. NIF e.I- g.O+ Activity (+)/)...
on- The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. port 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities Issuance of common stock (b) Purchase of land and building Redemption of bonds. (d) Sale of equipment. le) Depreciation of...
Current Attempt in Progress The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. 3. Investing activity. Financing activity. 4. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities (a) Issuance of common stock. Purchase of land and building. Redemption of bonds. Sale of equipment. (e) Depreciation...
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...
A statement of Cash Flows contains the following sections: Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Investing and Financing Activities NOT affecting cash A list of items that appear on the Cash Flows Statement appear below: Using the letters (A-D), indicate in which section(s) of the statement of cash flows (or accompanying schedule) the preceding items would most likely be classified A Investing and Financing Activities NOT affecting cash B. Cash Flows...
help ASAP please!!!
Classifying Cash Flows Identify the type of cash flow activity for each of the following events (operating, Investing, or financing). The company determines net cash flow from operating activities by the indirect method: a. Net income b. Pald cash dividends Financing C. Issued common stock Investing d. Issued bonds Operating e. Redeemed bonds f. Sold long-term investments g. Purchased treasury stock h. Sold equipment i. Issued preferred stock 1. Purchased buildings k. Purchased patents
CES Exercise 5-13 The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: Operating activity-add to net income. Operating activity-deduct from net income. Investing activity Financing activity. Reported as significant noncash activity 1. 2. 3. 5. The transactions are as follows. Classifications of Activities > ndy << Transactions (a) Issuance of common stock. (b) Purchase of land and building. (c) Redemption of bonds. (d) Sale...
Most questions answered within 3 hours.
-
Evaluate a specific listening situation using the Sapir-Whorf
and Bernstein hypothesis. What was thecontext? What was...
asked 47 seconds from now -
Recall that if X is a Student’s t random variable with n df,
then by definition...
asked 17 minutes ago -
A charge of -2.95 µC is fixed in place. From a horizontal
distance of 0.0470 m,...
asked 14 minutes ago -
Consider the following information:
Your company makes widgets. You are trying to figure out what
volume...
asked 16 minutes ago -
Math 333 Plz help ASAP
The yield of a chemical process is being studied. From previous...
asked 32 minutes ago -
Cobb-Douglas Preferences: Cobb-Douglas preferences on the
consump-
tion set R2+ can be represented by a utility...
asked 27 minutes ago -
In your experience, what are some of the barriers to the
successful implementation of a project?...
asked 31 minutes ago -
1. A normal distribution has a mean of
μ = 60 and a standard deviation
of...
asked 33 minutes ago -
The size of your Social Security benefits is determined by:
(select all that apply) Question 1...
asked 46 minutes ago -
Starch polymers are broken down by enzymes into monomers
called:
a.)maltose
b.) dextrins
c.) glucose
d.)...
asked 52 minutes ago -
How does HA (High Availability) work and name two ways it can
help an organization?
asked 54 minutes ago -
Saginaw Company is a garden products wholesale firm. In
December, Saginaw Company expects to sell 26,000...
asked 54 minutes ago