Cash flows from investing activities do not include cash payments to: Multiple Choice purchase securities of...
Cash flows from investing activities do not include cash payments to:
Multiple Choice
-
purchase securities of another company.
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buy land.
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repay debt.
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acquire equipment.
Which of the following causes a change in cash?
Multiple Choice
-
Accrual of interest payable.
-
Write-off of an uncollectible account.
-
Payment of a cash dividend declared in the previous fiscal year.
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Recording of depreciation expense.
Homework Answers
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1. Option C Repayment of debt is a outflow under the financing activities. |
|
|
2. Option C Payment of cash dividend declared decreases the cash balance available |
Add Answer to:
Cash flows from investing activities do not
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