) Identify how each of the following items is shown on the statement of cash flows....
) Identify how each of the following items is shown on the statement of cash flows. Identify each as operating (O), investing (I), financing (F), or non-cash investing and financing (N).
Item
(O), (I), (F), (N)
Cash received for the collection of long-term notes receivable
Cash purchase of treasury stock
Land received in exchange for issuance of common stock
Homework Answers
Cash received for the collection of long-term notes receivable is a cash inflows under investing activity (I).
Cash purchase of treasury stock is a cash outflow from financing activity (F).
Land received in exchange for issuance of common stock is a non-cash investing and financing (N).
Add Answer to:
) Identify how each of the following items is shown on the
statement of cash flows....
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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...
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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 (+)/)...
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