Question

tax 9) Financing activities: (2pts) involve obtaining funds to operate a business involve obtaining assets such as buildings
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer is Option a)

Involve Obtaining funds to operate a business

A business needs finance to run business. In other words it needs funds so that assets can acquired and operations can be started . Obtaining Funds can be done through various ways like Equity, Preference shares, bonds, Long term loans from Bank Long term note payable, etc. A Cash Flow Statement has a separate tab for showing financing activities

Obtaining Funds from various sources is classified as financing activity in Cash Flow Statement. All issue of securities is taken as inflow of funds and repayment/repurchase/redemption is taken as outflow of funds.

Add a comment
Know the answer?
Add Answer to:
tax 9) Financing activities: (2pts) involve obtaining funds to operate a business involve obtaining assets such...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Financing activities involve: A. Buying investments in other companies O B. buying plant assets O c....

    Financing activities involve: A. Buying investments in other companies O B. buying plant assets O c. Issuing long term debt OD. Lending long term money

  • What are the cash flows from financing activities? im very confused on what the financing activities...

    What are the cash flows from financing activities? im very confused on what the financing activities are and don't know how to calculate them. These are the finandal statements of Metro Meats Ltd METRO MEATS LTD P&L statement for 2015 METRO MEATS LTD Statement of Financial Position as at 31 December Sales revenue 250,000 Assets Cost of sales 2015 2014 210,000 Cash Gross prott 29,000 15,000 40.000 Accounts receivable Less 28,000 14,000 Iwentories 35,000 78,000 25,000 Selling expenses 18,000 Property,...

  • . In cash flows from financing activities, how much did the company borrow? 6 Months Ended...

    . In cash flows from financing activities, how much did the company borrow? 6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net Non-cash stock compensa Non-cash interest...

  • 3.1.Q: How is Inditex financing the Business in 2017? Show the different ways of financing with...

    3.1.Q: How is Inditex financing the Business in 2017? Show the different ways of financing with numbers 3.2.Q: Is Inditex having Profit/Loss, please explain how they operate? 3.3.Q: What are the most important costs for Inditex Accumulated YTD (Year to Date) 3.4.Q: Give me 2 examples of possible tangible assets for Inditex? 3. EXERCISE LARA : Check the Financial Statements & accounting information for 2017 for Inditex | 11 is available iu die lollowing website Grupo Inditex FY2017 profit &...

  • A common problem facing any business entity is the debt versus equity decision. When funds are...

    A common problem facing any business entity is the debt versus equity decision. When funds are required to obtain assets, should debt or equity financing be used? This decision also is faced when a company is initially formed. What will be the mix of debt versus equity in the initial capital structure? The characteristics of debt are very different from those of equity as are the financial implications of using one method of financing as opposed to the other. Cherokee...

  • 1.Alexis decides to check with his accountant how much money his company owes to the raw...

    1.Alexis decides to check with his accountant how much money his company owes to the raw materials supplier. To determine that, Alexis needs to ask his accountant to provide him with the company's balance sheet. True False 2. Owners' equity increases when owners make investments in a business or when the business generates profits that are retained inside the business. True False 3. In a statement of cash flows, cash from _____ show the amount of cash that flows into...

  • locate the largest amount of cash generated by the company's financing activities. identify the transaction that...

    locate the largest amount of cash generated by the company's financing activities. identify the transaction that contributes to this particular cash inflow. time is 2013. STATEMENT OF CASH Pows Cobb SEA OFAS in Million C a se specified Cash and cash equivalents, beginning of the 12 Months Ended Sep 27, 2014 Sep 28, 2013 Sep. 29, 2012 $14259 $10,46 Operating activities: 59.815 39,510 41.733 7,946 Adjustments to reconcile net income to cash generated by operating activities Depreciation and amortization Share-based...

  • locate the largest amount of cash generated by the company's financing activities. identify the transaction that...

    locate the largest amount of cash generated by the company's financing activities. identify the transaction that contributes to this particular cash inflow. ( year is 2013) 3.277 1.459 2.824 STATEMENT OF CASH Flows OHSODASIEWS OF CAST 12 Months Ended in Million s de specified Sep 27,2014 Sep 28, 2013 Sep 29, 2012 Cash and cash equivalents, beginning of the $14.259 $10,746 $9,815 Operating activities: Net income 39,510 37,037 41,733 Adjustments to reconcile net income to cash generated by operating activities:...

  • A common problem facing any business entity is the debt versus equity decision. When funds are...

    A common problem facing any business entity is the debt versus equity decision. When funds are required to obtain assets, should debt or equity financing be used? This decision also is faced when a company is initially formed. What will be the mix of debt versus equity in the initial capital structure? The characteristics of debt are very different from those of equity as are the financial implications of using one method of financing as opposed to the other. Cherokee...

  • A common problem facing any business entity is the debt versus equity decision. When funds are...

    A common problem facing any business entity is the debt versus equity decision. When funds are required to obtain assets, should debt or equity financing be used? This decision also is faced when a company is initially formed. What will be the mix of debt versus equity in the initial capital structure? The characteristics of debt are very different from those of equity as are the financial implications of using one method of financing as opposed to the other. Cherokee...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT