A statement of cash flows, including footnotes, typically would not include which item?
Select one:
a. Capital stock issued at an amount greater than par value
b. Issuance of stock in exchange for new equipment
c. Cash dividends paid
d. A retirement of treasury stock
e. A building purchase; mortgage obtained from financial institution
B is the right answer because stock is issued while purchasing new equipment
no outflow or inflow of cash
A statement of cash flows, including footnotes, typically would not include which item? Select one: a....
A statement of cash flows, including footnotes typically would not include which item? Select one: a. Capital stock issued at an amount greater than par value b. Issuance of stock in exchange for new equipme c. Cash dividends declared d. A purchase of treasury stock e. A building purchase mortgage obtained from
A statement of cash flows and its related disclosure note typically do not report: Stock dividends. The purchase of treasury stock. A finance lease. Notes payable issued for a building.
On the statement of cash flows, the cash flows from investing activities section would include: A. The major repair of a fixed asset B. The factoring of accounts receivable C. The receipt of stock dividends D. The issuance of common stock in exchange for land
on- The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. port 3. Investing activity. 4. Financing activity. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities Issuance of common stock (b) Purchase of land and building Redemption of bonds. (d) Sale of equipment. le) Depreciation of...
César A. Martinan Prof. Arritola Managerial Test 1 - Ch. 13 - Statement of Cash Flows Multiple Choice wer the question Identify the choice that best completes the statement or 1. Which of the following concepts of cash is not appropriate to use in preparing the statement of cash flow? a cash cash and money market funds c. cash and cash equivalents d. cash and U.S. treasury bonds 2. Which of the following can be found on the statement of...
10. Statement of cash flows. For each event listed below. select the appropriate category which describes the effect of the event on a statement of cash flows: a. Cash provided/used by operating activities b. Cash provided/used by investing activities. c. Cash provided/used by financing activities. d. Not a cash flow. 1. Payment on long-term debt 2. Issuance of bonds at a premium Collection of accounts receivable 4. Cash dividends declared 5. Issuance of stock to acquire land 6. Sale of...
QUESTION 23 In the statement of cash flows, investing cash flows would include purchases of inventory purchases of equipment payment of cash dividends O issuance of bonds QUESTION 24 Which of the following cash flows would NOT be included as a financing activity in the statement of cash flows? O Cash received from the issuance of common stock O Cash paid to a lender for a reduction of the principal of an existing loan O Cash paid to a lender...
Current Attempt in Progress The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income. 2. Operating activity-deduct from net income. 3. Investing activity. Financing activity. 4. 5. Reported as significant noncash activity The transactions are as follows. Transactions Classifications of Activities (a) Issuance of common stock. Purchase of land and building. Redemption of bonds. Sale of equipment. (e) Depreciation...
McFarlan Corporation is preparing a statement of cash flows using the indirect method, indicate below whether each item is an operating activity O, an Investing activity I, a Financing activity F, or a non cash transaction N. 1 The change in accounts payable during the period 2 Depreciation Expense 3 Exchange of stock for a building 4 Purchase of equipment 5 Purchase of treasury stock 6 Borrowing by signing a note payable 7 A gain on the sale of equipment...
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $180,000 of bonds, on which there was $1,800 of unamortized discount, for $187,000. Sold 12,000 shares of $30 par common stock for $53 per share. Sold equipment with a book value of $54,800 for $78,900. Purchased land for $412,000 cash. Purchased a building by paying $74,000 cash and issuing a $110,000 mortgage note...