Marian received an extra principal payment on the loan her business made to another company. What activity does this exemplify?
Homework Answers
Solution:
Marian received an extra principal payment on the loan her business made to another company. This activity exemplify "Investing Activity". As it is in respect to loan given.
Hence, third option is correct.
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Marian received an extra principal payment on the loan her
business made to another company. What...
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CORRECT THE BOXES IN RED LAST ATTEMPt PLEASE ANSWER CORRECT THANKS Application Problem 5-1B Your answer...
CORRECT THE BOXES IN RED
LAST ATTEMPt PLEASE ANSWER CORRECT THANKS
Application Problem 5-1B Your answer is partially correct. Try again. Indicate whether each of the following items should be classified as an operating, investing, or financing activity on the statement of cash flows. If an item does not belong on the statement, indicate as "NA" (Not applicable). a. Declaration of dividends on common shares, to be paid later NA b. Payment of dividends on common shares T Financing A...
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Company recorded th $24,000 $43,000 $100) Repurchase by Lucas of its own common stock Interest pald to lenders Dividends paid to the company's shareholders Collection by Lucas of a loan made to another company Payment of taxes to governmental bodies $53,0 $29,000 $17,000 On the statement of cash flows, some of these events are classified as operating activities, some are classified as Investing activities, and some are classified as financing activities. Based solely on the information above, the net cash...
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CORRECT THE BOXES IN RED
LAST ATTEMPt PLEASE ANSWER CORRECT THANKS
Application Problem 5-1B Your answer is partially correct. Try again. Indicate whether each of the following items should be classified as an operating, investing, or financing activity on the statement of cash flows. If an item does not belong on the statement, indicate as "NA" (Not applicable). a. Declaration of dividends on common shares, to be paid later NA b. Payment of dividends on common shares T Financing A...
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