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Question Cash flows from operating activities include all of the following, except: 19 Select one: Not yet answered Marked out of 1 O a. Payments of interest O b. Collections from customers for sales of goods. Flag question Oc. Payments of dividends. O d. Interest and dividends received.
Question 20 Which of the following would be classified as an extraordinary item? Select one: a. A loss from obsolete inventory. Not yet Marked out of 1 PFlag question O b. A loss from a natural disaster that affects the company at infrequent intervals c. A loss from an enacted law that made inventory unsalable. O d. A large gift given to the company question
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Answer #1

19) C. Payment of dividend: Payment of dividend is a Financing activity in cash flow statement

20) B. A loss from a natural disaster that affects the company at infrequent intervals: Extraordinary items means the transactions or events that are unusual and infrequent. so here natural disaster is definitely unusual and infrequent

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