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Ans. Payment of cash to lenders for interest expenses will be considered as operating activitiy.
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D Question 3 3 pts Which is an example of a cash flow from an operating...
4 Which is an example of a cash flow from an operating activity? (a) Payment of...
4 Which is an example of a cash flow from an operating activity? (a) Payment of cash to lenders for interest. (b) Receipt of cash from the sale of capital stock. (c) Payment of cash dividends to the company's stockholders. (d) None of the above. Which is an example of a cash flow from an investing activity? (a) Receipt of cash from the issuance of bonds payable. (b) Payment of cash to repurchase outstanding capital stock. (c) Receipt of cash...
Cash dividends paid to stockholders are classified on the statement of cash flows as: (a) operating...
Cash dividends paid to stockholders are classified on the statement of cash flows as: (a) operating activities. (b) investing activities. (c) a combination of (a) and (b). (d) financing activities. Which is an example of a cash flow from a financing activity? (a) Receipt of cash from sale of land. (b) Issuance of debt for cash. (c) Purchase of equipment for cash. (d) None of the above 1o 1 17
Cash flow items must be categorized into one of four categories. Identify each item as operating (O), investing (1)...
Cash flow items must be categorized into one of four categories. Identify each item as operating (O), investing (1), financing (F), or non-cash (N). a. Cash purchase of merchandise inventory b. Cash payment of dividends C. Cash receipt from the collection of long-term notes receivable d. Cash payment for income taxes . Purchase of equipment in exchange for notes payable f. Cash receipt from the sale of land 9. Cash received from borrowing money h. Cash receipt for interest income...
Which of the following should be deducted from net income in calculating net cash flow from...
Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indirect method? a. gain on sale of land b. a loss on the sale of equipment c. dividends declared and paid Od. depreciation expense
27. Which of the following is a cash flow from operating activities? A) Purchase of merchandise...
27. Which of the following is a cash flow from operating activities? A) Purchase of merchandise for resale. B) Sale of a piece of land no longer used in operations. C) Sale of long-term investments in common stock D) Payment of a note payable. E) None of the above is correct. como: s
Question 22 4 pts Comprehensive income is a concept that includes which of the following? Dividends...
Question 22 4 pts Comprehensive income is a concept that includes which of the following? Dividends paid to stockholders, net income, paid-in capital in excess of par on a stock purchse Infusion of capital from preferred stockholders, interest revenue, unrealized gain/loss on available for sale securities Unrealized gain/loss on trading securities, dividends paid to stockholders, interest expense Net income, revenue from sales, unrealized gain/loss on available for sale investments
Which of the following is classified as a cash flow from operating activities in a statement...
Which of the following is classified as a cash flow from operating activities in a statement of cash flows? Payment of dividends Receipt of dividends Receipt of cash for loan collection Payment of cash for loan repayment None of the above
Ashley Co. uses the direct method in calculating its cash flow from operations. Which of the following items will not ha...
Ashley Co. uses the direct method in calculating its cash flow from operations. Which of the following items will not have an effect on cash flow from operating activities? Multiple Choice Increase in inventory. Payment of dividends to stockholders. Cash collections from customers. Payment of interest to lenders.
Question 1 Incorrect Mark 0.00 out of 1.00 Remove flag Cash Flow from Operating Activities Using...
Question 1 Incorrect Mark 0.00 out of 1.00 Remove flag Cash Flow from Operating Activities Using the information for the Melville Corporation, calculate the cash flow from operating activities. Accounts payable increase $12,000 Accounts receivable increase 4,000 Accrued liabilities decrease 5,000 Amortization expense 7,000 Cash balance, January 1 22,000 Cash balance, December 31 23,000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common...
Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the...
Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to consider in preparing the statement: (Click the icon to view the items.) Identify each item as a[n: • Operating activity addition to net income (O+) or subtraction from net income (0-) • Investing activity-cash intow (1+) or cash outflow (1) • Financing activity-cash inflow (F+) or cash outflow (F-) • Activity that is not used to prepare the indirect...
4 Which is an example of a cash flow from an operating activity? (a) Payment of cash to lenders for interest. (b) Receipt of cash from the sale of capital stock. (c) Payment of cash dividends to the company's stockholders. (d) None of the above. Which is an example of a cash flow from an investing activity? (a) Receipt of cash from the issuance of bonds payable. (b) Payment of cash to repurchase outstanding capital stock. (c) Receipt of cash...
Cash dividends paid to stockholders are classified on the statement of cash flows as: (a) operating activities. (b) investing activities. (c) a combination of (a) and (b). (d) financing activities. Which is an example of a cash flow from a financing activity? (a) Receipt of cash from sale of land. (b) Issuance of debt for cash. (c) Purchase of equipment for cash. (d) None of the above 1o 1 17
Cash flow items must be categorized into one of four categories. Identify each item as operating (O), investing (1), financing (F), or non-cash (N). a. Cash purchase of merchandise inventory b. Cash payment of dividends C. Cash receipt from the collection of long-term notes receivable d. Cash payment for income taxes . Purchase of equipment in exchange for notes payable f. Cash receipt from the sale of land 9. Cash received from borrowing money h. Cash receipt for interest income...
Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indirect method? a. gain on sale of land b. a loss on the sale of equipment c. dividends declared and paid Od. depreciation expense
27. Which of the following is a cash flow from operating activities? A) Purchase of merchandise for resale. B) Sale of a piece of land no longer used in operations. C) Sale of long-term investments in common stock D) Payment of a note payable. E) None of the above is correct. como: s
Question 22 4 pts Comprehensive income is a concept that includes which of the following? Dividends paid to stockholders, net income, paid-in capital in excess of par on a stock purchse Infusion of capital from preferred stockholders, interest revenue, unrealized gain/loss on available for sale securities Unrealized gain/loss on trading securities, dividends paid to stockholders, interest expense Net income, revenue from sales, unrealized gain/loss on available for sale investments
Question 1 Incorrect Mark 0.00 out of 1.00 Remove flag Cash Flow from Operating Activities Using the information for the Melville Corporation, calculate the cash flow from operating activities. Accounts payable increase $12,000 Accounts receivable increase 4,000 Accrued liabilities decrease 5,000 Amortization expense 7,000 Cash balance, January 1 22,000 Cash balance, December 31 23,000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common...
Destiny Corporation is preparing its statement of cash flows by the indirect method. Destiny has the following items for you to consider in preparing the statement: (Click the icon to view the items.) Identify each item as a[n: • Operating activity addition to net income (O+) or subtraction from net income (0-) • Investing activity-cash intow (1+) or cash outflow (1) • Financing activity-cash inflow (F+) or cash outflow (F-) • Activity that is not used to prepare the indirect...
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