Homework Answers
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| Ans 26 | Correct answer is option | |||||||||
| d) All of above | ||||||||||
| Exp: Cash flow statement deal with the inflow and out flow of cash | ||||||||||
| and classifiy the cash flow into three category - Investing, operating and financing. | ||||||||||
| Ans 27 | Correct answer is option | |||||||||
| C) Operating activities. | ||||||||||
| Operating activities include the inflow and outflow from cash from main operating of cash. | ||||||||||
| Ans 28 | Correct answer is option | |||||||||
| a) Cash flow from operating activites | ||||||||||
| Operating activities measure the cash generated by doing business. | ||||||||||
| If the business is not generating cash from operation then it will have risk of going concern. | ||||||||||
| Ans 29 | Correct answer is option | |||||||||
| b) Investing | ||||||||||
| Sale of building is not operation of the firm and its investment which company make. | ||||||||||
| therefore sale of building should be classified as cash from investing activities. | ||||||||||
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