Particulars | Activity | Remarks |
Purchased Building | Investing Activity | Purchase of an Asset |
Sold Patents | Investing Activity | Sale of an Asset |
Net Income | Operating Activity | Income is generated from Operating Business |
Issued Common Stock | Financing Activity | Raised Capital through issue of Stock |
Paid Cash Dividends | Financing Activity | Dividends paid are classified as financing activites |
Depreciation Expense | Operating Activity | Needs to be added back to net income in operating activity as it is non cash expense |
a. QUESTION 1 For each of the following, identify whether it would be disclosed as an...
For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I) activity on the statement of cash flows under the indirect method. a. Purchased treasury stock b. Dispose of equipment c. Net income d. Sold long-term investments e. Issued common stock f. Depreciation expense
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Classifying Cash Flows Identify the type of cash flow activity for each of the following events (operating, Investing, or financing). The company determines net cash flow from operating activities by the indirect method: a. Net income b. Pald cash dividends Financing C. Issued common stock Investing d. Issued bonds Operating e. Redeemed bonds f. Sold long-term investments g. Purchased treasury stock h. Sold equipment i. Issued preferred stock 1. Purchased buildings k. Purchased patents
EX 13-3 Classifying cash flows Obj. 1 Identify the type of cash flow activity for each of the following events (operating, investia or financing): A. Net income B. Paid cash dividends C. Issued common stock D. Issued bonds E. Redeemed bonds F. Sold long-term investments G. Purchased treasury stock H. Sold equipment l. Issued preferred stock J. Purchased buildings K. Purchased patents
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...
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
For each of the following situations, identify whether the activity is an operating, investing, or financing activity and compute the cash provided or used by the activity. The indirect method is used. (An activity may have more than one category. Be sure to select only the type of activity that applies. Combine the total for each type of cash flow on one line. Enter all values as positive numbers. Leave unused cells blank.) Operating (0) Investing (1) Financing (F) Amount...
for
each of the following situtions identify wether the activity is an
operating investing or financing activity and compute the cash
provided or used bt the activity. the indirect metjod is used
Score: 0.85 of 4 pts S13-4 (similar to) For each of the following situations, identify whether the activity is an operating, Investing, or financing activity and compute the cash provided or used by the of cash flow on one line. Enter all values as positive numbers. Leave unused...
For each of the following situations, identify whether the activity is an operating, investing, or financing activity and compute the cash provided or used by the activity. The indirect method is used. (An activity may have mcre than one category. Be sure to select only the type of activity that applies. Combine the total for each type of cash flow on one line. Enter all values as positive numbers. Leave unused cells blank.) A building with a cost of $188,000...
> Question 1 0.2 pts Which of the following transactions is an investing activity that would affect the statement of cash flows? Purchasing equipment by signing a loan. Purchasing equipment with a credit card. O Purchasing equipment on account. O Purchasing equipment with a check. Question 2 0.2 pts The indirect method of the Statement of Cash flows: O will show net income as the first item in the operating activity section. will show where cash came from and went...
Classification of Cash Flows For each of the items below, indicate whether the cash flow item relates to an operating activity, an investing activity, or a financing activity: a. Cash receipts from customers for services rendered b. Sale of long-term investments for cash c. Acquisition of plant assets for cash d. Payment of income taxes LO1 E13-1A. Chapter 13 Statement of Cash Flows e. f. 8. Bonds payable issued for cash Payment of cash dividends declared in previous year Purchase...